Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9c97bd21-bacd-42bf-a185-4a9d125da79b&Preview=1
Date 12/5/2011
Company Name VCharge
Mailing Address 90 Lesson Lane Newton, MA 02459
Company Description VCharge uses decentralized, market-based principles to enable residential electric heaters, electric cars, and other transactive loads with embedded storage to engage in rapid demand response. VCharge technology brings real value to utilities, grid operators, and end users today and into the future.
Proceeds Purposes VCharge plans to use the funding to prove operational and technical scalability in several pilots this winter, to grow its team, and to improve its core product.