Corporate venturing units GE Energy Financial Services and Germany-based Robert Bosch Venture Capital have participated in the US-based data centre energy management company SynapSense‘s $16m series C round of funding.

SynapSense is one of the companies to have benefited from industrial conglomerate General Electric (GE)’s Ecomagination Challenge, a programme set up to provide funding to innovative cleantech firms.

Both GE Energy and Robert Bosch also contributed to a $5m round of financing in July 2010, following on from Robert Bosch’s previous participation in SynapSense’s series B round, which raised $7m in March 2009. The funding represented the first corporate venturing secured by SynapSense.

Prior to 2009, SynapSense had raised $10m in its first series B round, in September 2007, and $2m in a 2006 series A round. SynapSense’s total funding stands at about $40m since its founding.

The series C round was led by the US-based venture capital (VC) fund…

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