07 Sep '12, 3pm

Noesis: Can Free Energy Monitoring Spur Retrofits?

Noesis: Can Free Energy Monitoring Spur Retrofits?

A few months ago, we wrote about the tumbling cost of building energy management software . That price point has fallen again, from just a few dollars to totally free. Noesis Energy is a startup that has recently gone from beta to live, with a service area of more than 380 million square feet under its belt. The Austin-based company is part of a new group of companies in the space leveraging the 'freemium' model , where software applications are offered for free and then extra services are available for additional cost. Noesis just raised $8 million in Round B funding led by Black Coral Capital and with additional investment from Austin Ventures. The company has raised $14.5 million in total. “We believe we can be the number-one energy efficiency site in the world within a few years,” said Scott Harmon, CEO of Noesis Energy. That might seem like a bold claim, but it’s pret...

Full article: http://www.greentechmedia.com/articles/read/noesis-can-fr...

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