Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ece3eb6-24d7-47a7-b762-612bed9b2231&Preview=1
Date 3/1/2011
Company Name Powerit Holdings
Mailing Address 568 First Ave South Seattle, WA 98104
Company Description Powerit Solutions provides comprehensive energy demand response and demand control solutions for industrial and commercial applications. We are committed to helping customers in a wide variety of industries manage their energy usage, reduce their power demand, and realize significant energy cost savings without compromising production, safety, quality, or comfort.
Proceeds Purposes This fresh infusion of capital, coupled with Matt’s hiring, will launch a new era. We have ambitious plans under way on several fronts, and now we have bolstered our resources and leadership expertise, better preparing us to enter into new partnerships and channels and move even more deeply into the industrial and commercial energy management sectors.