Optimum Energy Raises $1.2M More

10/7/10

Seattle-based cleantech software company Optimum Energy has raised another $1.2 million in debt financing, out of a round that could be worth as much as $4 million, according to a regulatory filing. The company, founded in 2005, develops software that helps large commercial buildings manage the energy efficiency of their heating, ventilation, and air conditioning systems. The financing round was led by current investors, and will be used to support the company’s expansion of its channel partnerships, according to PR and marketing representative Shawnna Yee. The company previously raised a $4.5 million round led by Columbia Pacific Advisors in June 2009.

Thea Chard is a correspondent for Xconomy Seattle. You can e-mail her at theachard@gmail.com or follow her on Twitter at http://twitter.com/theachard. Follow @

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