Success Stories
We consistently review and update our primary metrics (cumulative since ’93):
- New business formations: 117
- Funding events: more than $1.19 billion
- Job creation: more than 13,500
Since clients do not pay fees or compensation to TVC of any kind, these are TVC’s primary success metrics. Return on our invested time with clients is paramount. While we’d like to help as many entrepreneurs as we can, we are selective and look for those with commercialization potential—that means evaluating many of the same criteria that investors use (team, technology, pain, market size, customer traction, etc.). Since we work with early stage companies, we select clients based on their potential, and help entrepreneurs drive toward each milestone. When they line up with what investors have told us they’re seeking, we’ll make the introduction.
Solaria Receives $65M
September 21, 2010
Congratulations to Solaria Corporation, a leading designer and global manufacturer of solar photo-voltaic modules, for closing a $45 million financing round led by CMEA Capital and DBL Investors. Other participants in the round include current investors Sigma Partners and NGEN Partners and new investors Mitsui Ventures and Savitr Capital. Solaria will use the capital to meet global demand for cost-effective solar modules for large and utility-scale projects, the fastest growing PV market segment. The company has operations in Fremont, California, Germany, and India. “We are generating revenues, and we have 60 employees,” said Suvi Sharma, president. Solaria has presented at two Technology Ventures Equity Capital Symposia.
