Exelon, E.On and RWE are among the backers of a $16.6m series B round for energy usage analytics provider Bidgely.
US-based energy usage analytics producer Bidgely received $16.6m in series B funding today in a round led by Constellation Technology Ventures, the corporate venturing unit of energy company Exelon.
Utility companies E.On and RWE as well as venture capital firm Khosla Ventures also participated in the round.
Founded in 2011, Bidgely markets an analytics software-as-a-service named HomeBeat, which enables homeowners to keep track of their energy usage.
The commitment of Europe-based utilities will support Bidgely’s goal of expanding across that…
