Hara builds energy-management tools that help companies measure and track their carbon footprint and energy use. The company’s offering is positioned to support smart-grid technologies, an area that has attracted industry attention. Hara recently won a GE EcoImagination challenge focused on smart grid technologies. Financially, Hara completed a new $25 million Series C round, bringing its total capital raised to $45 million. Existing investors Kleiner Perkins, JAFCO, and Nth Power participated in the financing, and Kleiner partner Ray Lane is joining the board as chairman. Hara offers a web-based SaaS platform for environmental impact and energy monitoring that measures companies’ carbon footprints and energy usage. The software produces reports that can be audited, supporting compliance with emerging carbon emission policies and regulations. Customers named in the article include Coca-Cola, the City of Palo Alto, and various multinational corporations. Hara was founded a year ago with an initial $6 million investment from Kleiner Perkins. The company intends to use new funding partly to expand into Asia to support global environmental monitoring. The product is positioned to gain demand as more companies and governments introduce emissions rules.

Total raised

$39M

Funding rounds

2

Latest round

Series C

Latest activity

May 2011