Monday, August 26, 2013

Optimum Energy Expands Financing Round

Seattle-based Optimum Energy announced this morning that it has raised additional financing in its recent funding round. Size of the new funding was not announced. The new funding came from Edison Energy, which is a subsidiary of Edison International. The company's other investors include Columbia Pacific Advisors, Navitas Capital, and Johnson Controls, Inc. Optimum Energy said it will use the funding to accelerate growth and hire talent. Optimum Energy is headed by Matthew Frey, and provides service to help optimize energy usage in the enterprise. More information »