Thursday, March 25, 2010

Grid Net Gets Investment From Cisco

San Francisco-based Grid Net, a developer of smart grid software, said Thursday that it has received an equity investment from Cisco. Amount of the funding was not disclosed. Grid Net said the funding will go towards product development, marketing, industry standards, and other efforts for the firm. The firm has previously raised funding from Braemar Energy Ventures, Catamount Ventures, GE Energy Financial Services and Intel Capital. More information »