Google Ventures, together with venture capital firm Kleiner Perkins Caufield Byers, has invested $19m in US-based clean technology software company Clean Power Finance. The investment was made on the 1st of September.
Together with funding raised from venture capital (VC) firm Claremont Creek Ventures, and VC funds Clean Pacific Ventures and Sand Hill Angels, in January 2010, the round closed at $25m altogether.
Clean Power Finance produces specialist software enabling the solar energy industry to market itself more efficiently to homeowners, building an online marketplace in the process.
Joe Kraus, partner at Google Ventures, said: "There is a large opportunity for the renewable energy marketplace to embrace powerful technologies to scale and deliver products to customers. Clean Power Finance is at the forefront of this trend and is well positioned to maintain a leading share with its management team, solutions and customer base."
The funding comes as Clean Power announced the appointment of Robert Kreamer, the founder of home solar installation company SunRun, as chief executive officer.