Virtual Power Systems Overview
- Founded
- 2012
- Status
- Private
- Latest Deal Type
- Later Stage VC
- Latest Deal Amount
- $12M
- Investors
- 10
Virtual Power Systems General Information
Description
Developer of software-based power control platform intended to distribute and manage power in data centers intelligently. The company's platform utilizes machine learning to predict and respond to changes in power capacity and dynamically adjust power delivery as demand fluctuates across workloads, servers and racks, enabling data center operators to eliminate the need to over-provision power and generate additional revenue.
Contact Information
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Energy Services
Other Industries
Business/Productivity Software
Other Commercial Services
Primary Office
- 699 South Milpitas Boulevard
- Suite 215
- Milpitas, CA 95035
- United States
+1 (866) 000-0000
Virtual Power Systems Timeline
Virtual Power Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 12-Aug-2020 | $12M | 000.00 | Completed | Generating Revenue | |
| 5. Debt - PPP | 30-Apr-2020 | 000.00 | Completed | |||
| 4. Later Stage VC (Series B) | 19-Mar-2019 | 0000 | 000.00 | 0000 | Completed | Generating Revenue |
| 3. Early Stage VC (Series A1) | 22-Nov-2016 | 00.000 | 000.00 | 000.00 | Completed | Generating Revenue |
| 2. Early Stage VC (Series A) | 28-Mar-2016 | $4.22M | $8.05M | 000.00 | Completed | Generating Revenue |
| 1. Early Stage VC (Series A) | 01-Jun-2014 | $3.83M | $3.83M | 000.00 | Completed | Generating Revenue |
Virtual Power Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00.00 | 00.000 | |
| Series A1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00.00 | 00.000 | |
| Series A | 6,486,679 | $0.000100 | 8% | $1.73 | $1.73 | $1.73 | 16.91% |
Virtual Power Systems Executive Team (19)
Virtual Power Systems Board Members (10)
| Name | Representing | Role | Since |
|---|---|---|---|
| Abhijit Talwalkar | Self | Board Member | 000 0000 |
| Billy Graves | Self | Board Member & Advisor | 000 0000 |
| Dean Nelson | Virtual Power Systems | Chief Executive Officer & Board Member | 000 0000 |
| Matthew Ocko | Data Collective | Board Member & Advisor | 000 0000 |
| Peter Gross | Self | Co-Chairman | 000 0000 |
Virtual Power Systems Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Orbital Energy Group | Corporation | Minority | 000 0000 | 000000 0 | |
| Clear Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Cowles Company | Family Office | Minority | 000 0000 | 000000 0 | |
| Center Electric | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Christopher Rust | Angel (individual) | Minority | 000 0000 | 000000 0 |