SmartSynch is a Smart Grid Technology Company providing real-time energy insights and seamless SmartMeter integrations over public wireless networks. By enabling utilities to seamlessly connect with any device on the grid, the company's eco-friendly advancements deliver real-time energy usage data through public wireless networks such as AT&T, Rogers, and T-Mobile, simplifying SmartMeter deployments for over 100 major North American electric utilities. The smart grid infrastructure, which the company focuses on, comprises services, devices, and software required to enhance the intelligence of today's electricity grid, optimizing electricity generation and delivery, and mitigating energy leaks. According to the Pacific Northwest Laboratory in collaboration with the Department of Energy, the total potential benefit of implementing smart grid technologies over the next 20 years has an estimated present value of $75 billion. SmartSynch's offerings hold promise, as they provide innovative Smart Grid Infrastructure solutions that utilize public wireless networks. The company's last investment was a $25.67M Debt Financing investment on 23 February 2011, indicating ongoing financial support for its ventures. As the demand for energy and renewable energy solutions continues to grow, SmartSynch has the potential to capitalize on the opportunities within the IT and information technology sectors to drive further innovation and expansion.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $25.67M | - | 23 Feb 2011 | |
Debt Financing | $11.00M | - | 15 Mar 2010 | |
Series E | $20.00M | - | 06 May 2008 | |
Series D | $10.00M | - | 14 Feb 2007 | |
Series C | $12.00M | 10 | Lime Rock Partners, J.P. Morgan Securities Inc. +2 | 17 Oct 2005 |
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