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Verdiem Gets $8.33M For Power Management Software

Seattle-based Verdiem Corporation, a developer of power management software for personal computers, said Friday that it has received $8.33M in financing from Kleiner Perkins Caufield & Byers, The Westly Group, Phoenix Partners, Falcon Partners, Catamount Ventures, Angeleno Group and Trevor Traina, an entrepreneur and private investor. The round brings the company's total raised to $15M. Verdiem develops a software utility which simplifies and automates PC power management; according to the company, it can cut 100 to 300 kilowatt hours of annual energy use from a PC. More information »