Monday, June 22, 2015

Demand Energy Networks Raises $3.8M

Liberty Lake, Washington-based Demand Energy Networks, which develops distributed energy storage systems, has raised $3.8M in funding as part of an ongoing, $4.5M funding round, according to a regulatory filing from the firm. Funding and details on the round have not yet been announced by the company. Demand Energy Networks was founded by Dave Curry, who also co-founded World Wide Packets, and is led by Gregg Patterson, who was previously President of Advanced Energy’s Solar Business Unit. More information »