Seattle-based Powerit Solutions, which provides energy management and conservation for industry clients, is trumpeting a new boss and a fresh round of investment. Matthew Schiltz is Powerit’s new group CEO, handling both the North America and Northern Europe divisions. Schiltz was chief executive at Seattle-based DocuSign from 2007 to 2010. The company’s $5 million financing round was led by new investor Black Coral Capital and joined by four repeat investors. The Swedish part of the company has been around since 1994, and the Seattle division since 2002.
Author: Curt Woodward
Curt covered technology and innovation in the Boston area for Xconomy. He previously worked in Xconomy’s Seattle bureau and continued some coverage of Seattle-area tech companies, including Amazon and Microsoft.
Curt joined Xconomy in February 2011 after nearly nine years with The Associated Press, the world's largest news organization. He worked in three states and covered a wide variety of beats for the AP, including business, law, politics, government, and general mayhem.
A native Washingtonian, Curt earned a bachelor's degree in journalism from Western Washington University in Bellingham, WA. As a past president of the state's Capitol Correspondents Association, he led efforts to expand statehouse press credentialing to online news outlets for the first time.
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