Existing investor E.ON came back for a round that increased the energy management software developer's overall funding to more than $40m.
E.ON Venture Partners, the corporate venturing arm of energy utility E.ON, was among the investors in a $20m round closed by US-based energy management technology developer AutoGrid Systems on Tuesday.
Investment fund Energy Impact Partners (EIP) led the round, which also included venture capital firms Envision Ventures, Foundation Capital and Voyager Capital.
AutoGrid provides software that enables utilities, electricity retailers, renewable energy power providers and energy service providers to manage the resources of a distributed grid to supply cleaner and…
