REDWOOD CITY, Calif., January 6, 2009—Sentilla Corporation, provider of demand-side energy management solutions for commercial and industrial facilities, today announced it has secured $7.5 million in Series B financing. The funding round, led by ONSET Ventures and Claremont Creek Ventures, will allow Sentilla to further develop its energy management technology and expand its global operations.
“Sentilla is an amazing company,” said Terry Opdendyk, a general partner at ONSET Ventures in Menlo Park, Calif. “It helps companies save money by reducing energy consumption and carbon emissions in manufacturing and IT equipment by tracking and reporting power utilization at the equipment level. It does this with its unique technology in the emerging trend of the ‘Internet of Things’—where inanimate objects of every conceivable type communicate and exchange data effortlessly through wireless networks. This is a huge long-term opportunity in energy and many other markets.”
Sentilla launched its patent-pending energy management technology in May 2008. The company’s solution can be embedded virtually anywhere in the world, providing insight into real world conditions directly at the source of power activity, change or consumption. Sentilla’s platform enables users to take control of their energy consumption and carbon footprint, while providing a remote management system to minimize costly maintenance.
“After an exciting and fruitful 2008, Sentilla is eager to enter 2009 with a new round of funding, energized business model and clear vision,” said Bob Davis, chief executive officer of Sentilla Corporation. “As we grow our product line, we are committed to strengthening our existing partnerships and continuing to provide our customers with the most valuable energy management solutions possible.”
Founded in 2003, Sentilla Corporation provides a full life cycle software platform for developing, deploying, integrating and managing pervasive computing applications – with the ease of Java technology. Headquartered in Silicon Valley, Sentilla’s software accelerates time to market and reduces the cost of pervasive computing applications across a broad set of industries such as logistics, transportation, security and safety, manufacturing, health care, agriculture, and green technology. Sentilla’s mission is to enable the billions of very small computers deployed throughout the physical world to work together to solve really big business problems. Sentilla Corporation is backed by ONSET Ventures and Claremont Creek Ventures. For more information please visit the Sentilla web site at www.sentilla.com.
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