Electric vehicle charging stations company ChargePoint has another $22.6 million in funding

Published: Monday, May. 12, 2014 - 11:25 pm

ChargePoint, Inc., which has installed more than 200 electric vehicle charging stations in the Sacramento area, says it has secured an additional $22.6 million in venture capital funding.

The Campbell-based company has now raised more than $110 million from various investors, including Rho Ventures, Kleiner Perkins Caufield & Byers, Braemar Energy Ventures, Siemens Venture Capital GmbH, Voyager Capital and BMW.

“With this financial support, ChargePoint will expand our network to enter into new markets and develop new products to coalesce the entire EV charging experience,” said Pasquale Romano, ChargePoint’s CEO.

ChargePoint has more than 17,000 charging stations in the U.S., Asia, Australia and Europe.

Call The Bee’s Mark Glover, (916) 321-1184.

Read more articles by Mark Glover

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