Grid2Home is a San Diego–based company that sells integration software and systems to semiconductor manufacturers, smart device makers, utilities and automotive companies. Its technology ensures that grid-connected devices—such as smart home meters and household appliances—communicate effectively with power providers’ systems, and vice versa. The company’s systems integration allows power providers to use data generated by a wide variety of devices and networks to deliver electricity more efficiently and economically. The article cites a Global Industry Analysts report forecasting the world smart grids market to reach $186.7 billion by 2015. Financially, Grid2Home raised $2.6 million in a new round with its previous investors, according to an SEC filing. Granite Ventures is named in the filing as a participating investor.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2011