Proterra Secures $23 Million in Series B Financing
On November 26, 2012, electrical bus manufacturer Proterra announced that it has raised $23 million in Series B financing to accelerate deployment of its EcoRide quick-charge transit bus. Wilson Sonsini Goodrich & Rosati represented Proterra in connection with the transaction.
The funding round was led by new investor Hennessey Capital and also included NMT Capital and existing investors Kleiner Perkins Caufield & Byers, GM Ventures, Mitsui & Co. Global Investment, Inc., 88 Green Ventures, and Vision Ridge Partners.
For more information, please see this article on Proterra's website.