SunRun Secures $12 Million in Financing to Accelerate "Solar as a Service" Model for Homeowners

SAN FRANCISCO – SunRun, the nation’s first residential solar electricity provider, announced today it has raised $12 million in a financing led by Foundation Capital. SunRun's vision of making solar electricity accessible to a greater number of homeowners through its unique "solar as a service" model dovetails with Foundation Capital's commitment to cleantech investing. Despite struggles on Capitol Hill over energy policy, Silicon Valley innovation is paving the way to energy independence and environmental security. Link.