Coulomb Technologies, Inc., a Campbell, CA-based electric vehicle (EV) charging solutions provider, has raised $47.5m in Series D financing.
The round was led by Braemar Energy Ventures and Kleiner Perkins Caufield & Byers, with participation from Toyota Tsusho Corporation, Rho Ventures, Voyager Capital, Siemens Venture Capital GmbH, Harbor Pacific Capital Partners and Hartford Ventures.
The company intends to use the capital to expand its operations and the deployment of its cloud-based charging solutions for electric vehicles, as well as further grow its ChargePoint® Network in both existing and new markets.
Led by Pat Romano, president and chief executive officer, Coulomb Technologies operates a large network of independently owned charging stations and provides service plans and cloud-based solutions that handle all driver billing and support.
In conjunction with the funding, Scott DePasquale from Braemar and Michael Linse from Kleiner Perkins have joined the company’s Board of Directors.
Coulomb is currently hiring (http://www.coulombtech.com/about-careers.php).