Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
September 30, 2013 03:08 pm GMT

Varentec Raises $8M From Bill Gates And Khosla To Reinvent Industrial And Utility Power Grid Management

Screen Shot 2013-09-30 at 12.06.38 PMSan Jose-based Varentec, a company that builds power management and monitoring solutions for the electric grid, today announced the close of an $8 million Series B round of funding from Bill Gates and Khosla Ventures. The new funding follows its $7.7 million Series A, which was led by Khosla, and previously secured funding from the U.S. government. Varentec is about to start rollout of its energy monitoring and analytics solution for global electric utility companies and other industrial customers, and the funds will help it do that.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SNUlNJ25c5s/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch