Urjanet Raises $4M in Series B Venture Capital Financing

Urjanet, Inc., an Atlanta, Georgia-based provider of a service that delivers intelligent energy data to businesses, has received $4m in Series B venture financing.

The round was led by new investor Grotech Ventures, with participation from existing investors GRA Venture Fund and Imlay Investments.

Launched in 2010 and led by CEO Sanjoy Malik, Urjanet provides a subscription-based energy data service (such as electricity and natural gas billing, demand, consumption, history, tariffs and rate plans, weather data, interval metering and carbon intensity) that enables large-scale energy consumers with multiple locations to make holistic energy-related decisions that can save money, reduce carbon footprint and measure the ROI of energy investments.
Customers include large corporations and federal, state and local agencies.



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