Scientific Conservation develops a cloud-based energy management platform for building owners and operators. The company completed the acquisition of Servidyne, a provider of energy efficiency, demand response and sustainability solutions for existing buildings, and the combined business will operate as SCIenergy. SCIenergy will formally launch next month to deliver the integrated platform and services. The company has more than 160 employees worldwide and customers in the USA, Canada, Europe, Asia and Australia. It maintains an Operations & Technology Center in Atlanta. Scientific Conservation recently raised capital in a Series C to support its growth and combined operations. Scientific Conservation offers a software-as-a-service platform, SCIwatch™, that analyzes energy consumption in commercial buildings by interfacing with building automation systems. The platform compares predicted energy and system efficiencies against real-time operation to help reduce annual energy spending. Led by CEO Russ McMeekin, the company has positioned its technology for deployment across large commercial portfolios. The company closed a $19M Series B financing, providing capital to scale commercial adoption. GE Capital Real Estate has agreed to deploy the company’s energy analytics platform in its buildings in the United States, Canada and the UK, representing a strategic commercial partnership. Scientific Conservation maintains a technology center in Atlanta, GA, while its headquarters are in San Francisco, CA. Scientific Conservation Inc. is a Berkeley, CA-based provider of energy efficiency and system optimization solutions for the commercial building market. Its core product is a SaaS-delivered Automated Continuous Commissioning (ACC) platform that automatically detects system faults to reduce energy consumption and building carbon footprints. The ACC platform is designed to identify issues early to prevent major costly problems. The company also operates a technology center in Atlanta, GA. Recent funding will be used to continue developing its suite of products. The company has announced Series A financing activity that bolsters its product-development plans. Scientific Conservation Inc. provides energy efficiency and system optimization solutions for the commercial building market. The company is based in Berkeley, California. It completed a $5m Series A financing with Draper Fisher Jurvetson (DFJ). DFJ said the firm expects newly appointed CEO Russ McMeekin to be instrumental in establishing SCI as a leader in the building energy management space. Russ McMeekin was named Chief Executive Officer; his prior roles include President and CEO of Progressive Gaming International (2002–2008), President and CEO of ViaFone, Inc. (2001–2002), and 11 years at Honeywell International. The article does not disclose operating metrics or additional financial details.

Total raised

$38M

Funding rounds

4

Latest round

Series C

Latest activity

Aug 2011