US-listed industrial conglomerate General Electric backed OPower from its $200m Ecomagination clean-tech corporate venturing fund and the firm has subsequently closed a $50m B round
OPower, a US-based energy efficiency software company formerly known as Positive Energy, has raised $50m in its series B round after winning a competition last month.
US-listed industrial conglomerate General Electric backed OPower, which has had US President Barack Obama talk at its events (pictured), from its $200m Ecomagination clean-tech corporate venturing fund.
The fund has a partnership with four venture capital (VC) firms: RockPort Capital, Foundation Capital, Kleiner Perkins Caufield & Byers (KPCB) and Emerald Technology Ventures, to collaborate…
