Wednesday, June 22, 2011

Enablon Raises $15m. Looks to Pull Away

Enablon is one of a handful of recent Enterprise Energy and Carbon Accounting (EECA) vendors which have raised money to accelerate growth in the carbon, energy and sustainability software market. Enablon announced a $15m round. Hara recently announced a $25m round and PE International raised money at the end of 2010 for growth and it's merger with Five Winds.

This new funding gives these vendors more capability to further their lead in the marketplace and puts pressure on vendors which have not raised money.

Other vendors have sold: Tririga to IBM and Summit Energy to Schneider Electric.

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