Tuesday, November 5, 2013

EnTouch Controls Gets $8.25 Million In Series B

Richardson, Texas-based energy management systems developer EnTouch Controls announced this morning that it has raised $8.25M in a Series B funding round, to go towards expansion of the company's energy management service offerings. According to the company, the financing was led by SJF Ventures, and also included NRG Energy, along with prior investor Trailblazer Capital. The company also received an expanded debt facility from Comerica Bank. Terms and size of that new debt facility were not announced. EnTouch Controls, which is led by Greg Fasullo, develops software-as-a-service, cloud-based energy management systems which help retailers and restaurant chains better manage their energy usage. More information »