• Navetas

  Led · Equity · Apr 2012

  Navetas develops smart grid and energy-tracking technology that enables users to monitor their electricity consumption in homes and commercial settings. Its hardware and software give real-time visibility into energy usage, helping customers identify inefficiencies and reduce costs. The company’s products are positioned for both consumer and enterprise applications, partnering naturally with smart meter providers. Although specific revenue or user metrics were not disclosed, Navetas attracted strategic interest from industry incumbent Sensus, underscoring the commercial relevance of its platform. The recent capital infusion strengthens the company’s financial footing and provides resources to continue advancing its smart grid solutions.

• AvaLAN Wireless Systems

  Led · Series B · Apr 2012

  AvaLAN Wireless Systems develops and manufactures long-range industrial wireless radio technology. Its products are designed to enable affordable wireless connections in perimeter or remote locations and include Ethernet bridge products and point-to-multipoint wireless networking equipment. The company specializes in the unlicensed 900 MHz, 2.4 GHz and 5.8 GHz radio bands. AvaLAN plans to use the Series B proceeds to accelerate growth into new markets and to develop new products. Founded in 2004 and led by CEO Matt Nelson, the company is based in Madison, Alabama, with remote offices in California and Canada. The company raised over $700k in the Series B round to support its expansion.

No current team members are available.