Energy Storage Company Raises $29.5 M

July 28, 2010

Xtreme Power, a provider of Dynamic Power Resources (DPRs) for utility-scale power management and energy storage systems, announced the close of a $29.5 million financing round co-led by Bessemer Venture Partners, The Dow Chemical Company through its Venture Capital group and existing investor SAIL Venture Partners.

Reprinted from Renewable Energy World