Advanced Telemetry Obtains Series B Financing

  • Feed Type
  • Date
    7/21/2009
  • Company Name
    Advanced Telemetry
  • Mailing Address
    10670 Treena Street San Diego, CA 92131-2435
  • Company Description
    With a corporate belief that energy and fiscal conservation begins with an awareness of wasteful consumption habits as they occur, Advanced Telemetry offers EcoViewTM – a proprietary, smart energy and resource management system for both residential and small commercial applications. Server-based, Web accessible and built with an open standard automation protocol, EcoView is the most cost-effective, future-proof system available that enables users to easily view, manage and reduce their resource consumption – and thus utility bills and carbon footprint – in real-time. This is among the reasons why Advanced Telemetry’s technology is being utilized by General Electric as part of its EcomaginationTM SmartCommandTM program. Founded in 2007, Advanced Telemetry is headquartered in San Diego, California.
  • Website
    http://www.advancedtelemetry.com/
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funds will be used to increase production and to expand sales channels of EcoView Residential and EcoView Commercial.
  • M&A Terms
  • Venture Investor
    Quercus Trust
  • Venture Investor
    21 Ventures

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