EnTouch Controls Grabs $2M Series A
2011-11-21
Leading provider of energy management systems for small businesses announced that it has secured $2 million in Series A financing led by Trailblazer Capital.
RICHARDSON, TX, EnTouch Controls, a leading provider of energy management systems for small businesses, today announced that it has secured $2 million in Series A financing. The financing round was led by Trailblazer Capital and will allow the company to accelerate market expansion of the EnTouch EMS targeted at small business owners.
Since its introduction in 2011, the EnTouch Controls Energy Management System is targeted at restaurants, retail stores, service businesses, convenience stores, and small offices. The EnTouch EMS is a simple replacement of the existing digital thermostats in these facilities and utilizes a proprietary wireless network of HVAC controls and energy monitoring units to provide full control of HVAC and energy monitoring of main and branch circuits. The system is remotely accessible through the customer's WiFi network, providing automation, data reporting, and maintenance alerting features.
By optimizing heating and cooling during occupancy hours and minimizing waste energy during vacancy hours, the EnTouch EMS has demonstrated energy savings of 20% or more in field deployments.
"Unlike larger facilities with complex automation systems, small business owners lack the tools to understand and manage their use of energy. The EnTouch EMS provides them with the information they need to understand and manage this cost, and the automated EMS control features continually work to optimize the largest single use of energy - the heating and cooling they need to run their business," said Greg Fasullo, CEO of EnTouch Controls. "Our customers find they have higher levels of comfort for employees and customers while reducing a significant portion of their operating expense at the same time"
"Energy monitoring and control has been a feature that is out of reach for 80% of commercial buildings today because traditional systems are overly complex and costly for these businesses," said David Matthews, a Managing Partner of Trailblazer Capital. "We are excited to be partnering with a team with a disruptive product offering that will fundamentally change the way business owners think about their energy footprint.â€
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