Wednesday, June 10, 2009

Tendril and Alertme secure financing for residential energy management

Good Energies and VantagePoint Venture Partners involved in both deals.

Tendril, creator of the Tendril Residential Energy Ecosystem (TREE) for utilities, energy retailers and their consumers, today announced it has secured $30 million in Series C funding.

The investment was led by VantagePoint Venture Partners, a recognized leader in the clean tech space, and includes Good Energies, the leading global investor in renewable energy and energy efficiency solutions, RRE Ventures, a builder of leading companies in the software, communications and financial services industries, Vista Ventures, an early stage venture capital firm based in Boulder, Colorado and Appian Ventures, an investor in software and technologies that improve business performance through the application and management of network connectivity., the award- winning provider of smart energy saving systems for homes, today announced it has secured £8 million in Series B funding by investors Good Energies, Index Ventures, SET Venture Partners and VantagePoint Venture Partners. The financing will enable to extend its product development program, continue to ramp up its distribution strategy and to expand the existing team.

1 comment:

adTumbler said...

We are helping find participants for an on-line survey of home energy monitors. There is a list of qualifying devices and you need to be using one of them.

The study ends August 30 2009, is offering a $10.00 Starbucks card for completed surveys. We vouch for the fact that there is no "trickery" with this request.

This is an important subject for we need changes to our attitude, we need to change how we use energy, and we need technology to assist us where it can help and is energy effective. If you are using a device to monitor your home energy please help with your feedback.