Monday, January 7, 2008

Deeya Energy Names Vic Mahadevan as CEO and $15 Million in Funding

FREMONT, Calif. & GURAGON, India--Deeya Energy Inc., a clean energy technology company focused on developing and manufacturing novel energy storage systems, announced today the appointment of Vic Mahadevan as a President and CEO. The company also announced a $15 million Series B funding round, led by NEA with existing investors, BlueRun Ventures, Draper Fisher Jurvetson and DFJ Element participating. Link.