Wednesday, June 23, 2010

Scientific Conservation Adds The Westly Group in Round

Berkeley-based Scientific Conservation, a provider of products for the energy efficiency and system optimization market, reported today that it has added investor The Westly Group as part of its Series A funding round. The new investment brings the round to $9M. The other investor in the round was Draper Fisher Jurvetson. Scientific Conservation said its products help detect system faults and helps companies reduce their carbon footprint. As part of the funding, Gary Dillabough of the Westly Group joins the company's board. DFJ's Joshua Raffaelli is already a board member of the company. The firm is headed by Russ McMeekan. More information »