Aug. 7, 2013: Aircuity Receives $3 Million Investment from CCM
Funds Provide Expansion Capital for Growth in the Energy Efficiency Space
NEWTON, Mass. — Aircuity, an airside efficiency solutions company, has announced the receipt of a $3 million investment from CCM US LLC, a Washington, D.C.-based asset management group investing in clean energy and real estate. Aircuity said the investment provides expansion capital to fund its continued growth. Josh Green, managing director for energy at CCM, will join Aircuity’s board.
“Aircuity’s unique airside efficiency solutions, which can be applied in nearly any commercial building, are a great fit with our green building-focused investment strategy,” said Green. “Aircuity has shown that it can deliver significant energy savings and critical information about airside building performance reliably and accurately, while simultaneously improving health and safety for building occupants. The company has a large base of satisfied customers and has built a platform well-positioned for future growth. We are excited about Aircuity’s future plans, and CCM will actively assist Aircuity to accelerate the adoption of its unique solutions by leading owners and operators of commercial real estate.”