Tech Company Financing Transactions
OutSmart Power Systems Funding Round
OutSmart Power Systems closed a $2 million investment round on 5/27/2009. Investors included Bainco International Investors , Clean Energy Venture Group and Manifold Products.
Transaction Overview
Company Name
Announced On
5/27/2009
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Proceeds Purpose
The initial funding will be used to install a pilot system in the Natick building where OutSmart and Manifold operate, says Stuart Nixdorff, vice president of business development at OutSmart.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
11 Mercer Rd.
Natick, MA 01760
USA
Natick, MA 01760
USA
Phone
Website
Email Address
Overview
The intelligent system knows exactly where and how much electricity is being used which enables building owners and facility managers to achieve a new level of measurement, management and control of their energy costs, asset utilization and comfort.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Johnson
Chief Financial Officer
Chas Douglis
VP - Operations
Mark Foreman
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