Gigaom | GridPoint Raises Even More Money
Summary
GridPoint started out making technology for managing energy and solar panels in higher-end homes, then shifted to a broader smart grid software play, only to re-emerge recently with a building energy management focus. Postal Service to install and operate energy management systems at some 750 locations, along with two, one-year extensions that could raise that to 2,250 facilities across the country. GridPoint’s sprawling lines of business make it a potential competitor to companies in just about every smart grid field, with the possible exception of transmission and generation systems. Its home energy management systems will compete with those from dozens of startups — including well-funded Silver Spring Networks and its Greenbox home energy platform — as well as giants Google (s GOOG), Microsoft (s MSFT) and Intel (s INTC). As for building energy management, GridPoint will be going up against giants like Siemens (s SI), Honeywell (s HON) and Johnson Controls — the latter two are partnering with IBM (s IBM) on building management — as well as other startups in the field.
Classifications
AskAI Classifications
LabelsLinked Companies
