Tigo Energy raises $6M for solar panel boost

A Los Gatos company that says it brings together innovations from solar, IT and the semiconductor industry, Tigo Energy has raised a first round of funding for a combined hardware / software designed to improve solar panel installations.

Power output, up-time and reliability are all improved, according to Tigo, speeding payback time and heightening the effectiveness of solar panels.

The $6 million funding was co-led by Matrix Partners and OVP Venture Partners.

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