smart grid

  • Smart Energy Consultancy, Gridpoint, Raises Another $23.6 Million

    A new SEC filing revealed today that Gridpoint — a smart energy consultancy based in Arlington, Virginia — raised another $23.6 million to design, build and install energy tracking and management systems for companies or government agencies seeking to cut costs and reduce consumption. Founded in 2003, Gridpoint appointed a new chief executive, John B. Spiritos, last quarter… Read More

  • Viridity Energy Raises $14 Million To Turn Power Consumers Into Producers

    A Pennsylvania startup Viridity Energy drew a series B investment of $14 million from Braemar Energy Ventures and Intel Capital, the company reported today. Founded in 2008, Viridity Energy offers “distributed demand management software, systems and services,” that can turn very energy-consuming businesses into producers and sellers of power back to the grid. Viridity’s… Read More

  • GE Counting On Energy Monitoring And Solar To Cut Home Energy Usage By 70%

    In an effort to push the limits of home energy efficiency, General Electric is partnering with the U.S. Department of Energy on a $5 million project to connect homes in the Western U.S. to its energy management system, LED lights, appliances and solar panels. The purpose of the project is to research home energy efficiency and test new tracking systems. GE thinks participants will be able to… Read More

  • eMeter Smart Grid Software Company Raises $12.5 Million

    Smart Grid management software producer eMeter announced a $12.5 million Series F round of funding today. The investment comes from Sequoia Capital and Foundation Capital, who have both invested in the company previously, along with Northgate Capital. The company was founded in 1999 and has raised nearly $70 million in funding. eMeter works with more than a dozen electric, gas and water… Read More

  • CleanTech Venture Investments Total $2 Billion In Q2, Exits Reach More Than $8 Billion

    Clean technology remains one of the hottest areas of venture funding. In the second quarter, cleantech venture investments worldwide totaled $2.02 billion across 140 companies, according to market research firm Cleantech Group and Deloitte. The numbers are in line with last quarter’s $2.04 billion, but 43% higher than one year ago. Exits for the quarter totaled more than $8 billion… Read More

  • Privacy versus power: smart grids are the new battlefield

    I think we can all agree that protecting our own personal privacy is a generally good idea. There are an enormous number of ways that our privacy can be encroached in a given day. Some of them are “for our own good”, or “just the cost of doing business” in the modern age. Some of the ways our privacy may be violated are extremely esoteric and not very likely (hard… Read More

  • Trilliant Raises $40 Million For Work On Smart Power Grid

    Trilliant, a company that works on the nation’s “Smart Grid“, has closed a $40 million funding round led by MissionPoint Capital Partners and zouk ventures. As part of the deal, Mark J. Lewis of MissionPoint and Anthony Fox of zouk will be joining the company’s Board of Directors. Smart Grid refers to the improved power grid being rolled out nationwide (and in some… Read More