Zoma Capital tops up Enbala's Series B round to $17.5 mln
Enbala Power Networks has secured funding from Zoma Capital, the investment arm of a U.S. family office. It resulted in a second close of Enbala's Series B financing, bringing the round's total to $17.5 million. The initial close, announced earlier in 2017, was led by ABB Technology Ventures, with participation from National Grid, GE Ventures, Obvious Ventures, EnerTech Capital and Chrysalix Venture Capital. Vancouver-based Enbala provides distributed energy resource management software to make power grids greener and more efficient. Founded in 2003, the company is led by President and CEO Arthur “Bud” Vos.
2 August 2017•3 mins read
