Aircuity, a Newton, MA-based smart airside efficiency company, received a $3m investment from CCM US, LLC.
The company will use the investment to fund its growth. In conjunction with the transaction, Josh Green, Managing Director for Energy at CCM, will join Aircuity’s board.
Founded in 2000 and led by Dan Diehl, Chief Executive Officer, Aircuity provides solutions that enable commercial and institutional building owners to reduce energy Its OptiNet system continuously monitors a facility’s indoor environment and adjusts the ventilation based on conditions within the space, increasing ventilation if there are more occupants or if airborne contaminants are present and decreasing ventilation when there are fewer occupants, or the air is clean. Aircuity Advisor™ Services analyzes the data collected by the OptiNet system to provide insight about the building’s airside performance, helping facility managers maintain energy savings while helping EH&S personnel monitor lab indoor air quality.
The company’s solutions have been used by organizations such as the University of Pennsylvania, Eli Lilly, Masdar City, the Bank of America Tower and the University of California-Irvine.