Deals

Utilidata Raises Funding
Date: 
Monday, February 13, 2012
Company: 
Location: 
Rhode Island
Deal Type: 
Funding

UtiliData, Inc., a leading supplier of voltage optimization products for the electric grid, has completed a round of financing led by Braemar Energy Ventures. The financing will accelerate the advancement and expansion of the company’s AdaptiVolt™ Volt/VAR Optimization product, which allows utilities and large industrial companies to realize significant energy efficiency gains as well as improved reliability. The funding comes in the wake of the successful AdaptiVolt™ system performances in major utilities across North America, where it has demonstrated operational excellence, along with robust, measurable results...READ MORE

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At Utilidata, we develop innovative solutions that help utilities address a range of challenges. Our experience and thought leadership in this space is unmatched. We are making the grid smarter to reduce waste, increase reliability, and save money—working with utilities to scale solar, wind and other power resources to get out ahead of today’s transforming energy market.

 

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Posted on: December 10, 2013