Rapidly ascending Viridity Energy last week drew a series B investment of $14 million from Braemar Energy Ventures and Intel Capital, reports GreenTech.
Founded in 2008, Viridity Energy offers "distributed demand management software, systems and services," that can turn very energy-consuming businesses into producers and sellers of power back to the grid. Viridity's technology can also help companies get paid to control and reduce their energy consumption.Viridity Energy's chief executive and president Audrey Zibelman said on Tuesday:"We're moving from an (energy) industry dominated by large-scale generation where customers are passive to one where customers are active in what they consume, and what they produce. First, there were personal computers. Now we're going to personal energy."Original source: GreenTech
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