Wednesday, January 23, 2008

Fat Spaniel Technologies Closes $18 Million Series B Round

San Jose, Calif. – Fat Spaniel Technologies, Inc., a provider of monitoring and reporting services for renewable energy systems, has closed $18 million in Series B financing. The investment round was led by Ignition Partners, with follow-on investment from Element Partners and Chrysalix Energy. PCG Clean Energy & Technology Fund and Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc., also participated in the round. Link.