Solar power company receives venture capital funds
By Don Dodson
Sunday October 21, 2007
John Dixon
Four SmartSpark employees — from left, Robert Balog, senior engineer; Brian Precious, director of marketing and business development; Rick Krein, chief executive officer; and Brian Kuhn, senior engineer and co-founder — are reflected in a solar panel.
CHAMPAIGN – SmartSpark Energy Ventures has received what it calls "significant" funding from a venture capital company to help make solar energy more efficient and affordable.
The 4-year-old company in the University of Illinois Research Park got the investment from Battery Ventures, which has offices in Boston, Menlo Park, Calif., and Israel. Jason Matlof will represent Battery Ventures on SmartSpark's board of directors.
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