Varentec provides innovative grid monitoring and control solutions that deliver energy savings, voltage & VAR control, demand management, improved asset utilization, and grid visibility for utilities and industrial applications. Varentec\'s Edge of Network Grid Optimization™ (ENGO) solutions leverage existing grid assets and utilize the unique architecture to deliver unprecedented levels of performance in key utility initiatives, including energy conservation, grid situational awareness and visibility, Volt-VAR optimization, improving service quality, and grid integration of distributed renewable resources.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 09/30/13 | $8,000,000 | Series B |
Bill Gates | undisclosed |
| 08/11/16 | $13,000,000 | Series C |
3M New Ventures Bill Gates | undisclosed |
| 11/08/19 | $5,000,000 | Growth |
WindSail Capital Group | undisclosed |
