Blue Pillar raises $14 mln in follow-on round led by EnerTech Capital
Blue Pillar Inc has secured US$14 million in a follow-on round of financing. The deal was led by EnerTech Capital and was joined by Allos Ventures, Arsenal Venture Partners, Claremont Creek Ventures and the Maryland Venture Fund. Based in Frederick, Maryland, Blue Pillar is a provider of software solutions that help organizations to monitor, manage and control distributed energy assets. The company said it plans to use proceeds of the investment to meet demand for its products. EnerTech Capital, which has offices in Toronto, Calgary, Montréal, Philadelphia and Menlo Park, earlier this month led the latest funding of Terralux Inc.
16 March 2015•4 mins read
