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.

FinSMEs

17/05/2012

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