The data centre energy manager has expanded its series B round to $14.5m with a $1m investment from Dominion Resources.
Power and energy corporation Dominion Resources invested $1m in US-based data centre energy management company Power Assure on Tuesday, bringing Power Assure’s series B round up to $14.5m.
Dominion joins Power Assure’s other series B backers thus far: power and automation company ABB, venture capital firms Judith Point Capital and Draper Fisher Jurvetson, and Good Energies, the investment firm backed by the Brenninkmeijer family.
In total, Power Assure has now raised about $29.8m since its inception, with Dominion’s fellow series…
