Toshiba acquires smart grid startup Consert
Toshiba has acquired another smart grid startup Consert, who has been building a smart home service. Read more »
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A near-term outlook for big data
Big data now touches everything from enterprises to smart-meter startups, while Hadoop is fast becoming the leading tool to analyze that data, and debates around privacy abound. GigaOM Pro analysts offer insights on what to consider when it comes to big data decisions for your business. Read more at GigaOM Pro »
Consert raises funds for 3G smart energy home
Consert, a startup that uses Verizon’s 3G network to curb energy consumption of homes, is in the process of raising $8.75 million in equity and debt, according to a filing. Read more »
GE to award home energy winners
On Thursday morning, GE will host a day-long event where it plans to announce the latest winners of its $200 million smart grid challenge that are specifically focused on energy use in the home. Read more »
iControl raises $50M from Intel, Cisco, Comcast, Kleiner
On the heels of Silion Valley startup iControl securing a deal to provide its software for Comcast’s new home security and energy management service, iControl announced that it has raised another $50 million in a Series D round from its long list of high profile investors Read more »
Duke Energy, Verizon Link Buildings via LTE
Utility Duke Energy has opted for the most advanced wireless connection pretty much available for a new building efficiency program in Charlotte, N.C.: Verizon Wireless’ 4G LTE network. Verizon’s LTE network could help building owners in Charlotte reduce energy consumption by 20 percent. Read more »
Verizon Brings the Smart Grid to the Cloud
For months, Verizon has seemed to be trailing rival AT&T on smart grid initiatives. Not anymore, if news from the smart grid conference Distributech in San Diego this week is any indicator, including an announcement to offer a cloud-based smart meter management service with eMeter. Read more »
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7 Things That Spell Growing Pains for 2011 Greentech
The greentech industry’s 2010 showing wasn’t so bad, especially for a year that saw the world recovering from a once-in-a-generation economic meltdown. But despite this, venture capitalists won’t be investing in the sector like they used to, solar startups won’t see a great growth year in ... Read more at GigaOM Pro »
GE’s First 12 Challenge Winners, A Few Surprises
General Electric and some high-flying venture capital partners have named 12 winners of the first $55 million of a $200 million “ecomagination challenge” they launched this summer. The list is full of some already well-funded companies, including several that GE is already investing in. Read more »
Consert: The 3G Smart Home Startup
Consert uses Verizon’s 3G network to curb consumption of individual home’s HVAC systems, water heaters, and pool pumps and aggregates those savings — which they claim come to between 10 and 15 percent — to offer utilities the equivalent of a “virtual peaker plant.” Read more »
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Is the Opt-Out Model the Future of Home Energy Management?
Even with smart meters and home energy portals, customers want opt-out options for home energy management rather than plans that ask them to monitor energy use every day. Here’s how the opt-out concept can guide startups and IT giants in the home energy management ... Read more at GigaOM Pro »
Opt-Out: The Biggest Little Words in Home Energy Management
What if the most successful home energy-saving technology ends up being the one people have to opt out of? Utilities can sign customers up for programs automatically, unless they actively choose not to join. Companies targeting the home energy management space should remember this powerful tool. Read more »
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Green IT Overview, Q2 2010
In the second quarter of 2010, greentech startups scored record venture capital and increased spending despite a weak economy. Solar power retained its lead in greentech venture financing, while global investment for clean energy asset financing fell. China, meanwhile, underscored its rising might in the greentech industry, raising billions of dollars in green energy financing. Read more at GigaOM Pro »
Verizon, Qualcomm, GE Back Quiet Smart Grid Firm Consert
You would think that any startup that pulls in funding from the likes of Verizon, Qualcomm, and GE, would have a long track record. But smart grid startup Consert just jumped onto my radar with its announcement that it’s raised $17.7 million from these backers. Read more »
