EPS lands $30M for cleantech analytics
EPS, the Costa Mesa, Calif. company that provides Fortune 500 companies with the advice and knowledge they need to make environmentally sustainable decisions, has raised $30 million in a second round of funding to continue developing its xChange Point carbon emissions management system, according to peHub.
The company says that business is actually looking up because the tough economic climate has forced more major corporations to evaluate and cut energy costs. Its core software, EPSWay, allows companies to make these cuts by balancing finances and productivity against power and carbon reductions.
The recent round of funding was led by Altira Group, which kicked in $10 million, and included NGEN Partners and Robeco.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.