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done Tue January 26 2010
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ecobee announces their Energy Management System (EMS) for the commercial market. According to the company, the EMS is ideal in applications where a simple thermostat does not provide adequate controls and functionality and a full-scale building automation system is too complex and cost prohibitive. The EMS, like ecobee’s Smart Thermostat for residential purposes, was designed to be ext...
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done Thu January 21 2010
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Eric Wesoff
Last year investors mostly talked about the smart grid - this year they’re investing. Last year, despite the hype, not that much VC funding went into the smart grid. But it looks like a shift has occured in VC willingness to invest in the grid. We have six smart grid investments so far in 2010, only three wee... read on... |
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done Thu January 21 2010
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Katie Fehrenbacher
Despite some reports, we haven’t seen smart grid firms struggling to raise money — particularly not this week. I’ve seen three investments in the smart grid space — from smart grid network infrastructure, to in-home energy displays — over the past couple of days, bringing in a total of more than $20 million for the three deals. ... read on... |
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done Wed January 20 2010
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TORONTO, Jan. 20 /PRNewswire/ -- ecobee, a leader in the Smart Grid space, has received $6.73M in venture capital financing. The funding will be used to expand ecobee's sales, marketing and product footprint. The financing, totaling $6.73 million, comes from the Ontario Emerging Technologies Fund (OETF), JLA Ventures and Tech Capital Partners.
"This investment represents a stro... read on... |