Blue Pillar, a Frederick, MD-based provider of solutions that increase real time visibility and control into distributed energy assets, raised $14m in funding.
The round was led by EnerTech Capital with participation from the Maryland Venture Fund and existing investors Allos Ventures, Arsenal Venture Partners and Claremont Creek Ventures.
The company intends to use the funds to accelerate demand for its platforms.
Led by Tom Willie, CEO, Blue Pillar provides:
– Aurora, a Digital Energy Internet of Things platform that securely connects, controls, and collects data from facility equipment; and
– Avise Foresite, centralized facility and energy fleet management software applications platform that allows multi-site facility or energy fleet operators to centrally manage energy efficiency, resiliency, capital and local emergency events.
Both new platforms, coupled with the company’s professional services, augment its Avise Insite real-time analytics offering, to allow local facility operators to gain insight into their energy, operations and compliance capabilities within a single complex and critical facility.
FinSMEs
16/03/2015