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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11:14 am
Roundup: Marchex, clean tech jobs, Wetpaint, etc. said:
[...] flew under my radar earlier this summer. OVP Venture Partners was among the investors in the $6 million round for Los Gatos, Calif.-based solar startup Tigo Energy. OVP’s Chad Waite told me [...]