Tantalus Closes $14 Million Funding Round to Deliver Proven Smart Grid Technology to Utilities
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Article Summary:
Tantalus Closes $14 Million Funding Round to Deliver Proven Smart Grid Technology to Utilities -
Tantalus Systems Corp., a market leader in two-way, real-time Smart Grid data communications, today announced that is has raised $14 million in equity to fund its ongoing penetration of energy efficiency solutions into co-op and municipal utilities. The financing was led by Redpoint Ventures and included several current investors in the company.