Coulomb Technologies Secures $15M in Series C Funding

Electric vehicle charging infrastructure company Coulomb Technologies has secured $15 million in Series C funding. Coulomb will use the funds to help accelerate product development of the ChargePoint Network, enhance customer support and drive sales.

New investors Harbor Pacific Capital and LS Cable Ltd., and LS Industrial Systems Co., Ltd. are joining existing investors Rho Ventures, Voyager Capital, Siemens Venture Capital GmbH, and Hartford Ventures, a strategic investment division of The Hartford Financial Services Group, Inc.

Since 2009 Coulomb has shipped more than 850 charging stations to more than 200 customers. In 2010 Coulomb announced strategic partnerships with Leviton, Siemens and Aker Wade to significantly expand the ChargePoint Network. Each of the Coulomb partners will market and distribute their own brand of home and/or public electric vehicle supply equipment (EVSE) built specifically for the ChargePoint Network. Additionally, Coulomb via their Department of Energy funded ChargePoint America program is providing 4600 free home and public ChargePoint stations in nine regions of the United States.

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