Trilliant Incorporated Secures $40 Million Equity Financing

Redwood City, California, – Trilliant Incorporated, a leader in delivering intelligent network solutions that form the nervous system of the Smart Grid, announced that it has closed a $40 million equity investment from an affiliate of MissionPoint Capital Partners and zouk ventures. MissionPoint and zouk are leading international investors in the low-carbon and clean energy markets. The proceeds from the financing, which was led by MissionPoint, will be used to accelerate Trilliant’s continued growth and market expansion globally. This investment represents one of the largest investments to date in an independent Smart Grid technology provider, reflecting Trilliant’s position as a leading provider of Smart Grid communication infrastructure that enables major improvements in energy efficiency and grid reliability, while giving utilities the ability to provide new services and empower customer choice. Link.