Sentilla Raises $7.5M for Energy Management
Energy management technology got a leg up with startup Sentilla announcing that it raised $7.5 million in a second round of funding. The company, which pulled in the new financing fromOnset Ventures and Claremont Creek Ventures, said the cash will go toward further development of its wireless sensor network and to expand its global operations.
Sentilla, based in Redwood City, Calif., is working on a wireless sensor network for demand-side energy management for commercial and industrial facilities, as well as for safety, security and logistics applications. The chips can help companies save on their energy costs by tracking and reporting power use at the equipment level, turning the equipment into a smart device.
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