Monday, November 9, 2009

People Power Raises Series A

Palo Alto-based People Power Company, a developer of residential energy efficiency monitoring and control systems, said Monday that it has closed a Series A fudging. The funding came from New Cycle Capital, Seraph Group, and other angel investors. The firm said the funding will go toward commercialization of its product offerings. Size of the funding round was not disclosed, however, a filing indicates it was $750,000. Ben Black and Steve Wiggins of Essex Woodlands Health Ventures have joined the firm's board along with the funding. More information »