Tech Company Financing Transactions

Optimum Energy Funding Round

On 6/17/2013, Optimum Energy secured $12.2 million in financing from Navitas Capital, Columbia Pacific Capital Management and Johnson Controls.

Transaction Overview

Company Name
Announced On
6/17/2013
Transaction Type
Venture Equity
Amount
$12,200,000
Round
Undisclosed
Investors

Navitas Capital (Lead Investor) (James Pettit)

Columbia Pacific Capital Management

Johnson Controls (John Murphy)

Proceeds Purpose
This financing round will cement our position as the market leader in next-generation optimization. And it will enable us to continue our research and development on cutting-edge machine learning technology, which is transforming our software into a true source of real-time predictive intelligence.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
411 1st Ave. South 500
Seattle, WA 98104
USA
Email Address
Overview
Optimum Energy develops networked building control applications and products to reduce energy consumption in commercial buildings. Our groundbreaking integrated solutions reduce energy consumption and greenhouse gases while increasing operating efficiencies in HVAC plants with no effect on occupant comfort.
Profile
Optimum Energy LinkedIn Company Profile
Social Media
Optimum Energy Company Twitter Account
Company News
Optimum Energy News
Facebook
Optimum Energy on Facebook
YouTube
Optimum Energy on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Bert Hogue
  Bert Hogue LinkedIn Profile  Bert Hogue Twitter Account  Bert Hogue News  Bert Hogue on Facebook
Chief Technical Officer
Ben Erpelding
  Ben Erpelding LinkedIn Profile  Ben Erpelding Twitter Account  Ben Erpelding News  Ben Erpelding on Facebook
Controller
Danielle Ullmann
  Danielle Ullmann LinkedIn Profile  Danielle Ullmann Twitter Account  Danielle Ullmann News  Danielle Ullmann on Facebook
President
Larry Stapleton
  Larry Stapleton LinkedIn Profile  Larry Stapleton Twitter Account  Larry Stapleton News  Larry Stapleton on Facebook
VP - Product Management
Ian Dempster
  Ian Dempster LinkedIn Profile  Ian Dempster Twitter Account  Ian Dempster News  Ian Dempster on Facebook


 

 

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Prev: 6/17/2013: Zetta venture capital transaction
Next: 6/17/2013: Movius venture capital transaction

 

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We report on every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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