Wednesday, January 23, 2008

Fat Spaniel Raises $18M

San Jose-based Fat Spaniel Technologies, which provides systems for monitoring and reporting on renewable energy, said this morning that it has raised $18M in a Series B financing. The funding round came from Ignition Partners, which led the round, and also included prior investors Element Partners and Chrysalix Energy. Fat Spaniel said that Pacific Corporate Group and Applied Ventures also participated. John Ludwig of Ignition will join the firm's board as part of the funding. More information »