Cloud-Computing

AutoGrid Raises $20 Million in Series C-2 Round

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AutoGrid Systems, the Energy Internet leader, has received $20 million in financing from a consortium of global strategic investors. AutoGrid plans to use the funding to further develop its Energy Internet suite of applications and to extend marketing and sales efforts in North America, Asia and Europe.

“Energy Impact Partners is focused on supporting companies that are optimizing energy consumption and improving sustainable energy generation,” said Michael Donnelly, the EIP Partner who will be joining AutoGrid’s board of directors. “AutoGrid offers unparalleled real-time connectivity and control with its software platform. Big data analytics and automated control of grid operations will allow utilities to adapt to the increasingly complex distributed energy environment. Having these capabilities in a system that is both scalable to millions of endpoints and rapidly deployable is a game changer.” Read more

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Sweekar S

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