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Smart grid investments come hot and heavy SmartSynch gets another $20M for talkative electrical meters

Posted on May 22, 2008

Two days ago it was Optimal Technologies with $25 million toward software for electrical grids; today, it s SmartSynch with $20 million for wirelessly communicating meters. I haven t gone back and done an official count, but with well over half a dozen large fundings in the past few months, the efficiency-focused smart grid space looks to have emerged as the hot cleantech venture space du jour. Smart grid is a catch-all term for a number of technologies that aim at measuring and controlling the process of sending electricity from generation plants to homes and businesses. The former...

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cdma , data , electric , hydro , software , venture capital , wifi , wireless