Cuculus GmbH, founded in 2007 and based in Ilmenau, Germany, provides smart-metering and in-home device management (Home Control) solutions to utilities and internet service providers. Its core product connects electric, gas and water meters to a robust IT platform that can be integrated with utilities' existing back-end systems. The company has also developed the infrastructure to support management of home appliances for utilities and ISPs. Cuculus is managing projects for a number of German utilities and maintains a strong network of solution partners, developers and device manufacturers across Europe. It completed a €2.6m venture capital financing to fund continued deployment of its smart technologies in the utility and telecom markets. Management says the funding will accelerate roll-out plans in Germany and strengthen its position as a technology provider to utilities and ISPs.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2010