IntelliBatt Raises $22M in Equity Funding

IntelliBatt, a San Rafael, California-based provider of UPS and Battery Monitoring Systems and Services that are designed to ensure mission critical power for data centers and commercial operations, has raised $22m in equity funding.

The round was led by Columbia Capital, with participation from CBC-Capital, private investors, and incoming executives.

The company intends to use the funding for its growth initiatives and product line expansion.

Founded in 1992 as Data Power Monitoring Corporation (DPMC) and currently led by newly appointed CEO Tom Barton, and Co-CEO and COO Todd Ford, IntelliBatt designs, manufactures and deploys UPS and battery monitoring solutions. Its NOC (Network Operations Center) provides 24 X 7 monitoring, data analysis and support.
Customers include Charles Schwab, Equinix, Digital Realty Trust and Savvis.

FinSMEs

17/07/2012

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