OutSmart Power Systems Lands $1,500,000 New Financing

  • Feed Type
  • Date
    10/17/2012
  • Company Name
    OutSmart Power Systems
  • Mailing Address
    11 Mercer Road Natick, MA 01760
  • Company Description
    OutSmart Power Systems turns a building’s existing wiring infrastructure into a real-time power management network. The intelligent system knows exactly where and how much electricity is being used which enables building owners and facility managers to achieve a new level of measurement, management and control of their energy costs, asset utilization and comfort. OutSmart is a spin-off from Manifold Products – Boston’s leading venture engineering firm.
  • Website
    http://www.outsmartinc.com
  • Transaction Type
    Debt
  • Transaction Amount
    $1,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed