PowerOasis Raises £4.5M in Funding from YFM Equity Partners
Summary
PowerOasis, a Swindon, UK-based provider of power management and energy efficiency solutions for wireless operators, has raised £4.5m in growth funding from YFM Equity Partners.YFM joined existing investors MTI Partners, OCP Angels, Oxford Capital Partners, and other private investors.The company intends to use the capital for accelerating sales and product development.Co-founded in 2008 by CTO Pete Bishop, and led by CEO John O’Donohue, PowerOasis has developed a wireless network power management platform that remotely monitors, controls and manages the supply of power to base stations sites that lack a reliable electricity grid in the Middle East and Africa.FinSMEs 05/12/2011
Funding
Amount
$7.0M
Total raised
Date
December 5, 2011
Announcement date
Investors
YFM Equity Partners Limited
Lead investors
Company
http://www.poweroasis.com
Funded company
Classifications
industries
Energy & Natural Resources
applications
Data Management
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