Tech Company Financing Transactions
PlotWatt Funding Round
PlotWatt, based in Durham, scored $1 million from Felicis Ventures and private investors.
Transaction Overview
Company Name
Announced On
6/23/2011
Transaction Type
Venture Equity
Amount
$1,000,000
Round
Undisclosed
Investors
Felicis Ventures (Lead Investor) (Aydin Senkut)
Proceeds Purpose
These funds will allow PlotWatt to rapidly scale their platform to meet the demands of both the commercial and residential markets.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
501 Washington St. C
Durham, NC 27701
USA
Durham, NC 27701
USA
Phone
Website
Email Address
Overview
PlotWatt helps people reduce their energy bills by providing customized money-saving recommendations. Our cloud-based algorithms analyze smart meter data to figure out appliance level energy cost without monitoring the individual appliances.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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