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Serious Energy

1250 Elko Drive
Sunnyvale, CA 94089
(800) 797-8159
Website Company Summary Management Team

Management: Pam Preston (VP Sales)
Outside board: Alan Thielemann (Georgia Pacific Division VP Marketing) William McDonough (VantagePoint Capital Partners Venture Partner) Tom Galuhn (Mesirow Financial Private Equity Sr. Managing Director) Forest Baskett (NEA General Partner) Marc Porat (Serious Energy Chairman) John Babcock (Rustic Canyon Partners Partner) Reed E Hundt (FCC Former Chairman) Paul Holland (Foundation Capital General Partner)
Advisory board: Andrew L Shapiro (Green Order CEO)Bruce King (Green Building Press Sr. Editor)Ted Van Der Linden (DPR Construction)Gregory Kats (Good Energies Managing Director) Rob Watson (ECOTECH International CEO/Chairman)David Gottfried (Regenerative Ventures Division CEO) Robert Rugg (The Drake Group Executive Director)John F Straube (University of Waterloo Associate Professor)Mort Miller (The GeMROI EVP)Phillip Williams (Webcor VP Technical Systems and Sustainability)Ana Edminster (Design AVEnues Principal)

Business description: Serious Materials develops and manufactures sustainable green building materials that save energy, save money, improve comfort, and aggressively address climate change. Super-insulating full-frame R-value SeriousWindows™ reduce heating and cooling energy costs by up to 50%. SeriousGlass™ industry-leading insulating commercial glass have been installed in over 10,000 projects and offer the highest energy savings in the industry. QuietRock® soundproof drywall reduce material use, enhance livability, and support dense urban construction. EcoRock™, the only true green alternative to gypsum drywall and five times more environmentally friendly, uses 80% less energy in its core production and has the potential to save billions of pounds of CO2 annually. SeriousWindows, SeriousGlass and super-insulating ThermaRock™ drywall support energy efficiency funding programs as outlined under The American Recovery & Reinvestment Act (ARRA) including Weatherization (WAP), Green Federal Buildings, State Energy Program (SEP), Energy Efficiency – Conservation Block Grants, Energy Tax Credit for Consumers, and Tax Deductions for Commercial Buildings. The company was commended by both President Obama and Vice President Biden for its advanced energy-saving materials and the work it is doing to re-create American green manufacturing jobs. The company was recently ranked one of the “2009 Global Cleantech 100” in the Energy Efficiency/Building category.
Customers include: Johnson Controls
Partners include: GrubbAndEllis

Rounds: 4
Recent fundings: Jun 2010   Sep 2009
Capital raised: 140.3M
Last Round: 19.8M
Ownership: Private  
VCs include: Foundation CapitalGSV CapitalNavitas CapitalNEARustic Canyon PartnersSaints CapitalVantagePoint Capital Partners;  Cheyenne Partners;  EnerTech Capital;  Mesirow Financial

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Record updated: Nov 2011
Sector: Clean Technology
Year Founded: 2002
Rounds: 4
Recent fundings: Jun 2010   Sep 2009
Capital raised: 140.3M
Last Round: 19.8M
Ownership: Private