Description | eMeter Corporation, a leader in Smart Grid management software, today announced the close of a $12.5 million round of private financing led by longtime investors Sequoia Capital and Foundation Capital, and joined by new investor Northgate Capital looking to leverage eMeter's leadership providing software solutions to enable successful Smart Grid implementations. Given the exponential growth of the Smart Grid industry over the past year, eMeter will use the new funding to expand eMeter's sales and marketing efforts in key markets, enhance services to current customers and continue investing in new products. |
