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REGEN Energy Inc., the developer of the wireless Swarm Energy Management electrical load management and automated demand response platform, has coordinated a $7 million Series B investment funding round.

The round was led by an international energy company and included participation from existing investors NGEN Partners and the BDC Venture Capital Energy/Cleantech Fund.

"This funding will enable us to increase our marketing, sales and support infrastructure while continuing to grow the hundreds of megawatts of load under Swarm control in North America and internationally," says Tim Angus, president and CEO of REGEN Energy.

Swarm Energy Management is a fully compliant OpenADR 2.0 solution, the company notes.

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