Gridware Raises $55 Million Growth Round to Accelerate U.S. Deployments and Support Global Expansion
Gridware announced a $55 million Series B strategic growth round led by Tiger Global and Generation Investment Management to accelerate deployment of its continuous grid monitoring technology globally. The round also continues support from existing investors Sequoia Capital, Convective Capital, Fifty Years, True Ventures, Lowercarbon, and Y Combinator.
Gridware Announces $26.4M Series A Funding Round led by Sequoia Capital
Gridware (www.gridware.io), a continuous power grid monitoring solution provider, today announced its Series A funding of $26.4 million led by Sequoia Capital. The funds will empower Gridware to further scale production of Gridscope™ devices and the Gridware monitoring and analytics service, which provides continuous power grid monitoring 24 hours per day to help utilities prepare for and respond to a growing number of risks.
