12 Aug '11, 9am

C3 Leaves Stealth Mode to Shake up Energy Management Software Market

C3 Leaves Stealth Mode to Shake up Energy Management Software Market

After operating in stealth mode for three years, high-profile software startup C3 unveiled its software products and customers this week. Founded by software veteran Tom Siebel, the company raised $45 million and attracted luminaries such as Condoleezza Rice to its Board. And the company's newly announced software offerings and customers shakes up the market for energy management software . The company generated considerable interest and rumors as it operated under the radar to refine its software and land initial customers over the last several years. Based in San Mateo, Calif., the company employees 130 people (80 in San Mateo and 50 in China for development) and sells software that manages energy and emissions for an entire organization. The software optimize activities that "measure, mitigate, and monetize" energy use and greenhouse gas emissions. The sophisticated, so...

Full article: http://www.greenbiz.com/blog/2011/08/12/c3-leaves-stealth...

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