Wednesday, January 7, 2015

Stem Gets $27M For Energy Management, Analytics

Millbrae-based Stem, a provider of energy management and analytics services for the energy demand management market, has raised $27M in a funding round, the company said today. The investment came from Constellation Technology Ventures and Total Energy Ventures. Stem offers up energy management technology which uses both energy storage and data analytics to help eliminate peak load charges on business electricity bills. The company is led by John Carrington. More information »