Zep Solar Raises $7.4M In Equity Investment

05 October of 2010 by

Zep Solar Inc., the developer of a rail-free installation platform, hasclosed a $7.4 million Series A funding round. The round was led byAquillian Investments LLC, an investment firm exclusively focused onsustainability. Participants in the round also included multiple familyoffice investment funds and private investors.

Proceeds from thefinancing are expected to be used to expand distribution, widen productlines to address additional applications and markets, and continue togrow adoption of the Zep Groove module frame specification, the companysays.

SOURCE: Zep Solar

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