HP Links With Startups Hara, C3 for Energy Software


HP (s HPQ) launched a whole bunch of energy, carbon, and resource management and consulting products on Thursday morning dubbed “HP Energy and Sustainability Management (ESM)” services. Indicating the progress of a couple of startups already in the resource management space, HP said it would be working with both Hara and C3 for its software tools.

The resource management industry is filled with companies selling these tools. Here’s a Top 10 carbon management list from earlier this year and another 22 companies you should know about. HP has the advantage of selling consulting and software services to its long list of current customers.

Hara has clearly been winning over its own customers since it launched in mid-2009, with backing from Kleiner Perkins, Nth Power, and JAFCO Ventures. Groom Energy listed Hara in its Top 10 carbon software companies list (one of the only startups on the list) and Hara has won over deals like utility Abu Dhabi Water and Electricity Authority (ADWEA) and News Corp. (s nws)

C3, on the other hand, is a company with well-known advisors and a founder, but which doesn’t talk much (or at all) about its customers or industry progress. Founded by Thomas Siebel — the guy who sold Siebel Systems to Oracle (s orcl) for billions of dollars — C3 counts former Secretary of State Condoleezza Rice, and former Senator and Secretary of Energy Spencer Abraham as directors.

C3 has been looking to raise close to $50 million in funding in recent months, and at the ARPA-E summit Siebel said publicly that C3 had 10 corporate clients.

According to Groom Energy, the resource software market is maturing and has seen fewer acquisitions and venture fundings in recent months. That’s probably a good thing, as the last thing the market needs is more new carbon software firms emerging. A lot of these companies appeared, or beefed up, in 2009, anticipating U.S. federal carbon legislation which never came (and doesn’t look likely to come in 2011). But the weak economy has led to companies looking to cut energy for economic reasons.

Despite the lack of federal carbon legislation, the market for energy and carbon software grew 400 percent throughout 2010 and is predicted to grow 300 percent in 2011, says Groom Energy.

Image courtesy of GigaOM events, taken at the carbon software panel at GreenNet 2010. GreenNet 2011 will be held on April 21, 2011 in San Francisco.

Comments are closed.