Friday, 24 February 2017
Last updated 1 hour ago
Dec 16 2009 | 11:05am ET
California-based measurement and analysis startup Fat Spaniel Technologies has raised $4.6 million in debt financing, according to a filing with the SEC.
Fat Spaniel produces software that communicates with renewable energy hardware like solar panels and wind turbines. The technology could, in future, be integrated into smart metering infrastructure.
The company has a partnership with the Tendril energy management company, under which the two provide utilities with information about how much renewable energy their customers consume and produce.
Fat Spaniel raised $18 million in a second round of funding in January 2008. Backers include Applied Ventures, Chrysalix Energy, Element Partners, Ignition Partners and PCG Clean Energy & Technology Fund.