GridPoint, a well-funded smart-grid startup, raises $15M more

GridPoint, a smart-grid company that can intelligently manage energy sources and storage for utilities, has pushed its total equity raise to $102 million with an add-on of $15 million to its fourth round.

The company works to distribute the power and storage of utilities, as well as tying in unreliable renewable sources like wind and solar power. The GridPoint SmartGrid Platform is the locus of these services, a node in homes and businesses that communicates back… Continue Reading