Powerit Holdings Lands $5,000,000 New Funding

  • Feed Type
  • Date
    3/1/2011
  • Company Name
    Powerit Holdings
  • Mailing Address
    568 First Ave South Seattle, WA 98104
  • Company Description
    Powerit Solutions provides comprehensive energy demand response and demand control solutions for industrial and commercial applications. We are committed to helping customers in a wide variety of industries manage their energy usage, reduce their power demand, and realize significant energy cost savings without compromising production, safety, quality, or comfort.
  • Website
    http://www.poweritsolutions.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This fresh infusion of capital, coupled with Matt’s hiring, will launch a new era. We have ambitious plans under way on several fronts, and now we have bolstered our resources and leadership expertise, better preparing us to enter into new partnerships and channels and move even more deeply into the industrial and commercial energy management sectors.
  • M&A Terms
  • Venture Investor
    Black Coral Capital
  • Venture Investor
    @Ventures
  • Venture Investor
    Expansion Capital Partners
  • Venture Investor
    Stellar Holdings

By posting a comment, you agree to our terms and conditions.