Rodan acquires VC-backed energy analytics provider Energent
Rodan Energy Solutions Inc has bought Energent Inc, a Kitchener, Ontario-based provider of energy management information systems. No financial terms were released. Rodan, a Canadian provider of smart grid solutions to electricity consumers, distributors and power producers, said the acquisition will help customers to enhance their energy management strategies and reduce costs. Founded in 2007, Energent was backed by the MaRS Investment Accelerator Fund, an early-stage venture fund affiliated with MaRS Discovery District. The company also received funding from the Ontario Centres of Excellence.
21 October 2015•3 mins read
