Intel Capital funded 5 Cleantech Firms

Post date: Jul 30, 2009 9:40:2 AM

Cleantech Firms got funding:

cpower GRIDNET iControl powervation Convey Computer

Energy control efficiency WiMax, smart metering

Technology Innovation Summit, Intel Capital

announced Deals over $10 million for Cleantech

O First-time investment in U.S.-NYC based CPower (demand response and energy efficiency)

O U.S.-based companies Convey Computer Texas (energy efficient high performance computing),

Grid Net San Fran,cisco (smart meter infrastructure) and iControl Palo Alto

(home automation and monitoring)

O Follow-on investments in Ireland-Limerick based Powervation (digital power control)

"Intel Capital has made a significant commitment to invest in the cleantech sector in

recognition of the increasing need for alternative energy production and advanced

energy management and utilization solutions," said Arvind Sodhani, president of

Intel Capital and Intel executive vice president.