25 Feb '13, 9am

Green energy data provider Wireless Glue secures $4.5m: Wireless Glue, a US-based software solutions company t...

Green energy data provider Wireless Glue secures $4.5m 25 Feb 2013 Wireless Glue , a US-based software solutions company that delivers energy data in real-time, has secured $4.5m in Series B funding. Investors include US venture capital firm Clean Pacific Ventures, and Japanese companies Innovation Network Corporation of Japan, Toko Electric, and Hosiden. Increasing limitations in electrical supply along with pressures to manage operational spending have meant companies have attempted to optimise their existing energy resources through information and communications technology. These pressures have been particularly noticeable in Japan, where the East Japan earthquake of 2011 caused a decrease in nuclear generation capacity. However, there is a wide range of varying standards and communications systems used around the world to control ventilation and lighting in factories,...

Full article: http://www.newenergyworldnetwork.com/investor-news/renewa...

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