EpiSensor Raises €850K

Funding Rounds

▤ Summary

EpiSensor, a Limerick, Ireland-based company that develops wireless sensor technology designed to reduce energy costs, has raised €850k.The company intends to use the capital to recruit ten highly skilled individuals with experience of doing business internationally in the area of sales and development.Founded in 2007 by CEO Gary Carroll and and Brendan Carroll, EpiSensor has developed wireless technology platform (SiCA), which is designed to reduce energy usage and costs by providing data from wireless energy sensors that show where energy savings can be made.It serves organizations in the pharmaceutical, medical devices, food processing and manufacturing industries.EpiSensor products have been deployed and are operating in several locations across Europe, Australasia and North America.

$ Funding

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Amount $1.1M Total raised
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Date December 17, 2011 Announcement date
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Investors Enterprise Equity Venture Capital, AIB Seed Capital Fund, Delta Partners Lead investors
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Company http://www.episensor.com Funded company

▥ Classifications

industries
AgriTech
applications
Networking and Cloud

◇ AskAI Classifications

Labels
Energy Management Software IoT Software Industrial IoT Solutions

▦ Linked Companies

EpiSensor
$1M to $5M