Other investors in this funding round are NGEN Partners, Nth Power and Draper Fisher Jurvetson, venture capital firms that also invested in the company’s initial $14m funding in 2007, along with Rockport Capital, DFJ Frontier and Kirlan Ventures.
Tioga’s business model is designed to get commercial, non-profit and government customers into solar without up-front costs. The company offers long-term power purchase agreements (PPAs) in which a customer pays monthly for the electricity from a solar installation on its property, which Tioga owns and operates.
Tioga
