EcoFactor, a San Carlos, CA-based provider of a SaaS platform for managing residential energy use for heating, ventilation and air conditioning (HVAC), closed a $3.5m financing round led by RockPort Capital Partners.
This investment follows the recent $2.4m financing led by Claremont Creek Ventures in December 2009.
Claremont Creek Ventures increased its investment in the company as part of the second closing.
The Series A round will help EcoFactor execute on commercial deployments of its residential energy management service. The company is currently deploying its energy management service in several markets through a variety of major channel partners.