OutSmart Power Systems Lands $1,500,000 New Financing
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0d8ff476-1117-466b-9778-cf3dd945e10e&Preview=1 -
Date
10/17/2012 -
Company Name
OutSmart Power Systems -
Mailing Address
11 Mercer Road Natick, MA 01760 -
Company Description
OutSmart Power Systems turns a building’s existing wiring infrastructure into a real-time power management network. The intelligent system knows exactly where and how much electricity is being used which enables building owners and facility managers to achieve a new level of measurement, management and control of their energy costs, asset utilization and comfort. OutSmart is a spin-off from Manifold Products – Boston’s leading venture engineering firm. -
Website
http://www.outsmartinc.com -
Transaction Type
Debt -
Transaction Amount
$1,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. -
M&A Terms
-
Venture Investor
Undisclosed
