SolarEdge provides module-level electronics for solar power harvesting and monitoring systems.
SolarEdge Technologies, a global leader in the DC power optimizer market. The company provides module-level electronics for solar power harvesting and monitoring systems for residential, commercial and utility-scale solar photovoltaic installers. The SolarEdge portfolio of products includes power optimizers and a web portal for module-level optimization and monitoring, as well as PV inverters, specialized to work with power optimizers. SolarEdge envisions that every solar module will be individually managed by DC-DC module-level electronics, accelerating the pace towards grid parity and making clean energy affordable.Founded in 2006, SolarEdge established the DC power optimizer segment and is leading it with over 70% market share. By Q4 2012, SolarEdge has shipped over 1,600,000 power optimizers to more than 40 countries worldwide. With strategic partnerships across the PV value-chain from module manufacturers to integrators, SolarEdge installations can be found in five continents.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 31, 2014 | Series D | $58M | 1 | Norwest Venture Partners | — | Detail |
Oct 4, 2010 | Series C | $25M | 1 | — | — | Detail |
Feb 28, 2009 | Series B | $23M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Norwest Venture Partners | Yes | Series D |