phoenix energy technologies completes growth equity funding - energy storage devices

Phoenix Energy Technology (PhoenixET)
An Internet of Things Business Intelligence analytics company, a leader in the field of smart building, has announced that it has raised funds for growth to accelerate product development and promote access to more markets.
Equity Partner of Chunhu and energy innovation capital (EIC)
Working with management led this round of negotiations and joined existing shareholders of Phoenix Energy, including Duke Energy.
"This investment will strengthen our value proposition for our customers and support us to continue to grow rapidly," CEO Glen Schrank said . ".
"With this investment, Phoenix energy technology will further strengthen our products in the retail, grocery, healthcare and other commercial and institutional markets," Schrank noted . " He has extensive leadership experience at hireriight, IBM and other software companies and joined Phoenicians in 2018.
"By leveraging data and analysis from building systems and IoT devices, taking steps to reduce energy use in facilities is both an opportunity to reduce costs and a strategic priority for facility operators, bob Forlenza, managing partner at spring Lake Equity Partners, said.
"PhoenixET supports multiple functions
Ben Abadi, managing director of EIC, said: "positioning enterprises to optimize the energy use of facilities . ".
"The company's software is gaining market share by uniquely providing enterprise visibility, control, and analysis on different locations and hardware platforms.
"Regarding Phoenix energy technology, Phoenix Energy has been providing customers with intelligent building IoT analysis solutions for more than 15 years.
PhoenixET's industry expertise combines the ability to connect to building systems and equipment without additional hardware, bringing actionable data together to a standardized web-based platform.
The company's safisedx IoT data platform creates ROI for customers by optimizing equipment efficiency, thereby reducing energy costs, reducing maintenance and maintenance costs, and reducing capital expenditures by extending asset life.
For more information about PhoenixET, visit Spring Lake Equity Partners in Boston
Growth of equity companies.
The company mainly invests in the post-
Stage, technology
For private companies in the areas of software, digital media, mobile, data center infrastructure, healthcare IT and business/financial services.
Spring Lake seeks to work with excellent management teams to take their business to a new level and create value for all stakeholders.
Energy Innovation Capital is the preferred partner and primary capital provider for innovators serving the energy industry.
EIC connects energy and innovative ecosystems to support companies that improve operational efficiency, safety and sustainability in the global oil, gas and power sectors.
Duke Energy (NYSE: DUK)
The world's top 125 company is headquartered in Charlotte, USA. C.
It is one of the largest energy holding companies in the United States. S.
The company has 30,000 employees, with 51,000 MW of electricity generated through its regulated utilities, and 3,000 MW of electricity generated through its unregulated Duke Energy renewable energy sector.
Duke Energy is transforming the customer experience, modernizing the energy network, generating cleaner energy, and expanding the gas infrastructure to create a smarter energy future for the people and communities it serves.
The regulated utility services of the power utilities and infrastructure unit are approximately 7.
7 million retail power customers in six states of North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky.
Gas utilities and infrastructure stocks distribute gas to more than one.
There are 6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.
Duke Energy Renewable Energy operates wind and solar power facilities across the United StatesS.
And energy storage and micro-grid projects.
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