Edison DC Systems, a Milwaukee, WI-based a developer of a power conversion system for use by data centers, closed a $1.3m Series A round of funding.
The round was led by Chicago, IL impact venture fund Energy Foundry with participation from a number of high net worth individual investors from Illinois, New York and Wisconsin.
The company intends to use the funds for development of its direct current uninterruptible power systems (DC-UPS) for data centers.
Co-Founded by CEO John Meinecke and Mitch Nelson, Edison DC Systems EDCS develops a power conversion system for use by data centers that takes AC (alternating current) and converts it to DC (direct current) to offer savings for cloud scale energy users.
FinSMEs
04/12/2014