Enbala Power Networks nets $11 mln in follow-on VC funding
Enbala Power Networks, a provider of distributed energy resource management solutions, has secured $11 million in follow-on financing. Backing the round was a mix of new and existing investors, including GE Ventures, Edison Energy, a subsidiary of U.S. utility holding company Edison International, Export Development Canada, EnerTech Capital Partners, Sorfina Capital and Chrysalix Energy Venture Capital. Update: The Vancouver-based Enbala said it will use the proceeds of its latest investment to extend and enhance its platform, which aggregates, controls, optimizes and dispatches distributed energy in real-time. The company was founded in 2003.
30 March 2015•3 mins read
