July 26, 2011
COMPLETE SOLAR SOLUTION, Inc.™ ANNOUNCES SERIES A INVESTMENT FROM FLOODGATE
INVESTMENT WILL FUND SALES GROWTH AND FURTHER DEVELOPMENT OF CSS’s PROPRIETARY HELIOQUOTE™ SOFTWARE
San Carlos, CA, July 26, 2011 – Complete Solar Solution, Inc.™ (CSS), one of the nation’s leading sellers of residential solar power systems, announced today that it had received Series A funding from FLOODGATE, a seed stage venture capital firm with deep expertise in consumer and enterprise software. The investment will facilitate CSS’s sales growth and further development of HelioQuote™, the company’s proprietary solar electric design and sales platform. “By making consumer decisions around going solar as simple as CSS allows it to be, CSS will transform the nature of how solar will penetrate the residential market over the next 3-5 years,“ said Ann Miura-Ko, Floodgate’s Co-Founding Partner. “CSS’s powerful software and unique financing options enable them to choose the absolute best system for each homeowner. No other company can do this.”
“We show customers the best way to buy their electricity”, said Will Anderson, CEO of Complete Solar Solution. “Most people still aren’t aware that they can go solar without paying anything upfront, immediately lower their monthly bills, and lock in their electricity expense for as long as they live in their homes.” According to Anderson, “We are the only company in the solar power field that has our combination of system capabilities, optimal design flexibility, and financing solutions for the consumer – we are truly unmatched.”
“We’re thrilled to have Floodgate as a partner”, said Douglas Dolton, CSS’s Executive Chairman, “With our innovative consumer proposition and Floodgate’s unique approach to supporting and growing companies, we will enhance our leadership position in the residential solar power marketplace.”
About COMPLETE SOLAR SOLUTION, INC.™:
Complete Solar Solution™ is a unique new retailer of solar power systems. With its innovative HelioQuote™ software platform, CSS presents homeowners with the BEST solar power solution for the homeowner, from system design to financial solutions, facilitating the adoption of solar power for the homeowner by demonstrating solar power’s affordability and ease of adoption. CSS offers products from every major panel and inverter manufacturer, and it guarantees the performance of each system. With CSS, homeowners know they are receiving the best system for their home and enjoy peace of mind in making the decision to go solar today.
FLOODGATE is a Silicon Valley based, early-stage Super Angel fund focused on start-ups that fundamentally disrupt existing large markets or create new market categories. The firm’s portfolio includes consumer-focused companies such as Twitter, Chegg, ngmoco, digg, and Modcloth, as well as business-focused companies such as Solarwinds, Spiceworks, and Demandforce.