Ecovent Closes $6.9M Series A Funding

ecoventEcovent, a Boston, Mass.-based maker of an intelligent home zoning system that delivers complete room-by-room climate control, closed $6.9m Series A funding.

The round was led by Emerson Climate Technologies, a business segment of Emerson (NYSE:EMR), with participation from Tamarisc and Blue Fog Capital.

Led by Dipul Patel, CEO and co-founder, Ecovent has developed a system of wireless vents and sensors that diagnose the factors impacting room temperature and automatically adjust airflow into each room. It allows homeowners to control the temperature of each room individually through an app, saving energy and money by heating and cooling only the rooms that need conditioning instead of the entire home.

FinSMEs

27/07/2015

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