The round was led by Accurant International with participation from existing investors Breakthrough Energy Ventures and Clean Energy Ventures. This financing brings SparkMeter's total financing to $22 million and will enable its growth in global markets.

SparkMeter, founded in 2013, provides grid-management solutions tailored to emerging markets, where 3.5 billion people live without reliable electricity access. Our simple plug-and-play solution enables microgrids and distribution utilities operating in remote locations to access a range of features - flexible billing, customer communications, and remote monitoring and control - that improve their operations and help them achieve financial sustainability.