SAIL Venture Partners Boosts Ice Energy

Costa Mesa-based clean technology investor SAIL Venture Partners has boosted a maker of energy storage technology, as part of a big round for Ice Energy. According to Ice Energy, a Colorado maker of equipment which uses equipment which shifts energy produced at off-peak hours to peak power demand times, SAIL was one of a number of investors in a $24M, first close of a Series C funding round. SAIL joined TIAA-CREF, Energy Capital Partners, Good Energies, and Second Avenue Partners in the funding. SAIL focuses all of its investments on clean energy related companies, and first invested in Ice Energy back in 2005. More information »