Edison DC Systems Closes $1.3M Series A Round of Funding

Edison DC Systems, a Milwaukee, WI-based a developer of a power conversion system for use by data centers, closed a $1.3m Series A round of funding.

The round was led by Chicago, IL impact venture fund Energy Foundry with participation from a number of high net worth individual investors from Illinois, New York and Wisconsin.

The company intends to use the funds for development of its direct current uninterruptible power systems (DC-UPS) for data centers.

Co-Founded by CEO John Meinecke and Mitch Nelson, Edison DC Systems EDCS develops a power conversion system for use by data centers that takes AC (alternating current) and converts it to DC (direct current) to offer savings for cloud scale energy users.

FinSMEs

04/12/2014

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