March 19, 2015: Building Energy Inc. Secures $300,000 in Growth Funding
Its Data-Driven Solutions Help Building Owners Make Informed Decisions about Energy Consumption
PORTLAND, Ore., and SEATTLE — Building Energy Inc., a provider of cloud-hosted solutions for managing energy efficiency in buildings, announced that it has secured $300,000 in growth funding from Seattle-based Lighter Capital. Building Energy said it will use the funding to expand operations and enhance its data-driven solutions designed to help building owners, managers, and energy service providers make informed decisions about energy consumption.
“We are delighted to be working with Lighter Capital to help our company grow,” said D. Magnus Cheifetz, CEO of Building Energy. “Lighter Capital’s approach is truly unique and well aligned with the interests of companies like Building Energy. The funding process was really time-efficient, simple, and was further streamlined by Lighter Capital’s unique web-based platform. We look forward to a continued working partnership with the Lighter Capital team.”