Urjanet, a Georgia Institute of Technology spinout, has obtained $20m in series C funding led by Oak HC/FT.

Urjanet, a utility data provider that is based on research conducted at Georgia Institute of Technology, received $20m in a series C round yesterday led by venture growth equity fund Oak HC/FT.

Founded in 2011 at Advanced Technology Development Center, the incubator of Georgia Institute of Technology, Urjanet operates a data-as-a-service platform that collects data from some 4,000 electric, gas, telecoms, water and waste providers across 30 countries.

The platform enables companies to automate accounting and bill processing, manage their…