Gen110 Receives Investment from KPCB
Gen110, a San Francisco, Calif.-based distributed energy company providing a cost-effective, alternative way for heavy energy users to purchase residential power, has received a funding of undisclosed amount from Kleiner Perkins Caufield & Byers.
Founded in 2009 and led by Jason Brown, CEO, Gen110 allows qualified homeowners to pay for the energy they produce, saving on energy costs through a fixed rate agreement and protecting themselves from utility rate hikes.
The company currently operates 11 offices throughout California. To date, Gen110 has served more than 2,000 homeowners in the State.