Thursday, October 15, 2009

Tendril Get Funding From GE

Boulder-based Tendril, a developer of energy monitoring and smart grid hardware, has received a round of equity investment from GE Energy Financial Services, GE and Tendril said yesterday. The amount of the funding was not disclosed. The investment is a follow up to Tendril's June, $30M Series C funding. GE and Tendril recently partnered to integrate Tendril's products with the GE's dryers, refrigerators, washing machines and other appliances. Tendril has been applying it wireless networking technology to the smart energy/grid market. More information »