Nexant, Inc., a San Francisco, CA-based provider of intelligent grid software and clean energy solutions, has received an investment from Intel Capital.
Since its inception in 2000, the company has completed over 2,500 assignments in over 100 countries.
The capital infusion will be used to expand Nexant’s software and services, which are used by Fortune 500 companies, utilities, transmission and distribution system operators, chemical and petroleum majors, financial institutions, government agencies and development banks.
The company operates 24 corporate, representative, and project offices located throughout the United States, Europe, the Middle East, Africa, and Asia.
Shareholders include Energy Software and Consulting, The Beacon Group, Morgan Stanley Global Energy Group, Frog and Peach Investors, Nth Power, MC Capital, and IBM—as well as Nexant management and staff.