Optimum Energy Receives $12,200,000 New Financing Round

  • Feed Type
  • Date
    6/17/2013
  • Company Name
    Optimum Energy
  • Mailing Address
    411 First Avenue South Seattle, WA 98104
  • Company Description
    Optimum Energy develops networked building control applications and products to reduce energy consumption in commercial buildings. Our groundbreaking integrated solutions reduce energy consumption and greenhouse gases while increasing operating efficiencies in HVAC plants with no effect on occupant comfort.
  • Website
    http://www.optimumenergyco.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,200,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This financing round will cement our position as the market leader in next-generation optimization. And it will enable us to continue our research and development on cutting-edge machine learning technology, which is transforming our software into a true source of real-time predictive intelligence.
  • M&A Terms
  • Venture Investor
    Navitas Capital
  • Venture Investor
    Johnson Controls
  • Venture Investor
    Columbia Pacific Capital Management

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