The electric vehicle charging station infrastructure provider, Coulomb Technologies, has raised $14 million in the Series B venture funding round. The funding round was led by two companies, namely Voyager Capital and Rho Ventures.

Coulomb technologies has secured this fund with a view to expand in the market of powering EVs. Particularly, the fund will be used to finance its Research and development, operations capital and sales. Coulomb has further plans to penetrate in the worldwide markets including Asia and South America.

Regarding the issue, the CEO of Coulomb Technologies, Mr. Richard Lowenthal said, "We are pleased to partner with a group of high quality, experienced investors. This funding will allow us to accelerate our growth and further deploy the ChargePoint Network infrastructure."

Coulomb stands with an established customer base in North America and Europe and is eyeing a massive growth by installing thousands of charging stations in the year 2010. The company have had installed its first ChargePoint Networked Charging stations in the year 2008 and the latest in Honolulu Hawaii.

Till this date, coulomb has got 120 customers including the big players like McDonalds, Dell Corporation, Reliant Energy, DTE Energy and Element Hotels. The company has been able to achieve these accomplishments on the basis of the ChargePoint powered by Colomb's advanced networking software technology.

Coulomb's network of charging stations provides all the drivers of plug-in vehicles with authentication, management, and real-time control through multiple web-based portals for hosts, fleet managers, drivers and utilities.

The company exclaims that its software technology allows the utility and government customers to increase their networks up to very large number of stations.