Powerside provides power monitoring solutions that analyze, detect and correct power quality issues using tailored measurement, intelligence, and correction products. The company emphasizes a customer-centric approach and a suite of solutions to help customers identify and address power-quality challenges. Powerside has deployed over 80,000 monitoring solutions and completed more than 15,000 power correction projects across more than 50 countries. The company is led by CEO Ross Dueber and is based in Alameda, CA. It received growth funding and plans to use the proceeds to expand operations and broaden its business reach. Financial terms and instruments of the funding were not disclosed in the article. Power Survey and Equipment Ltd. is a Montreal, Canada-based manufacturer of power quality systems led by President and CEO Mario Barbaresso. The company provides customized power factor correction and harmonic filtering technologies and solutions. It serves customers in the United States and Canada and supports projects around the world through a network of agents, value-added resellers and distributors. Power Survey intends to use recent funding to support M&A opportunities and to drive geographic and product-line expansion. It has already pursued M&A, including the recent acquisition of Power Standards Lab (PSL). The company received $24M in a Series A2 funding round.

Total raised

$24M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2017