The round was led by NGP Energy Technology Partners III with participation from existing investors Prelude Ventures and Ajax Strategies.

The company intends to use the funds to create more jobs, develop additional products, and enter new markets.

Voltus represents the 'potential of us' to better manage energy through simple, cost-free energy management products. Their commercial and industrial customers generate cash by allowing the company to be their energy expert while they deliver innovative demand response, energy purchasing, and energy efficiency programs to them. It's this simple: a customer signs up with Voltus and every quarter Voltus delivers dollars. Voltus makes money when their customers make money by sharing the cash generated from working together. What's more, there are significant community benefits that accompany working with Voltus - a cleaner, more reliable energy future and dollars invested back into your business and jobs instead of being wasted on a larger energy bill.