Optimum Energy Raises $1.2M More

Seattle-based cleantech software company Optimum Energy has raised another $1.2 million in debt financing, out of a round that could be worth as much as $4 million, according to a regulatory filing. The company, founded in 2005, develops software that helps large commercial buildings manage the energy efficiency of their heating, ventilation, and air conditioning systems. The financing round was led by current investors, and will be used to support the company’s expansion of its channel partnerships, according to PR and marketing representative Shawnna Yee. The company previously raised a $4.5 million round led by Columbia Pacific Advisors in June 2009.

Author: Thea Chard

Before joining Xconomy, Thea spent a year working as the editor of another startup, the hyperlocal Seattle neighborhood news site QueenAnneView.com. She holds a bachelor's degree from the University of Southern California, where she double-majored in print journalism and creative writing. While in college, Thea spent a semester studying in London and writing for the London bureau of the Los Angeles Times. Indulging in her passion for feature writing, she has covered a variety of topics ranging from the arts, to media, clean technology and breaking news. Before moving back to Seattle, Thea worked in new media development on two business radio shows, "Marketplace" and "Marketplace Money" by American Public Media. Her clips have appeared in the Los Angeles Times, the Santa Monica Daily Press, Seattle magazine and her college paper, the Daily Trojan. Thea is a native Seattleite who grew up in Magnolia, and now lives in Queen Anne.