EnTouch Controls, a US-based energy management service provider backed by power producer and supplier NRG Energy, said today it has closed the initial round of a $6m series C financing.
The company did not reveal how much of the $6m it has raised or the identity of the series C investors.
EnTouch offers an energy management system to businesses that incorporates a wireless energy control platform, energy monitoring and data analysis, and human expertise to help customers manage their energy use and save money.
The company more than doubled its revenues year on year in the first half of 2015 while expanding strategic partnership agreements with NRG Energy and Reliant Energy, a Texas-based energy retailer acquired by New Jersey-headquartered NRG in 2009.
The series C funding follows an $8.3m series B round in 2013 backed by NRG, growth equity fund SJF Ventures, venture capital firm Trailblazer Capital and Comerica Bank’s Technology and Life Sciences Division, which provided a debt facility as part of the round.
EnTouch previously raised $2m in a 2011 seed round and $1.5m in 2012, with Trailblazer leading both rounds.