in News Departments > New & Noteworthy
print the content item

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.


Hse SandyHook
Latest Top Stories

Sensus Smart Meters Tied To More Overheating Incidents And Fires

SaskPower is investigating two new meter failures, and Portland General Electric is working to replace 70,000 Sensus units amid fire concerns.


SaskPower Halts Smart Meter Installations Following Fires

The Canadian utility has suspended its smart meter deployment as it investigates half a dozen fires associated with the meters.


New Study Underscores Value Of Customer Engagement, Ranks Most-Trusted U.S. Utilities

According to the report, which analyzes 125 utilities across the country, earning a customer's trust can lead to monetary gains.


Washington State Doles Out Cash For Utility Energy Storage Projects

Three utilities have been awarded millions of dollars in grants to explore energy storage technology that could help integrate renewable and improve the power grid.


Utilities Reveal Just How Much Customers Are Saving With Energy Efficiency Programs

Two U.S. utility companies have issued progress reports and solid numbers regarding their respective initiatives.

S&C Electric_id176
edf_id180