Grid Net is a leading provider of open, interoperable, policy-based network management software, and communications product reference designs for the utility industry’s Smart Grid. Applying broadly adopted, proven innovations from enterprise software and telecommunications networking, Grid Net’s PolicyNet Smart Grid NMS™ software enables the delivery of secure, scalable and high-performing Smart Grid services, including Smart Metering and Distribution Automation. In 2008, Grid Net licensed its WiMAX smart meter reference design to GE Energy, for use in GE’s advanced meter product family based on the PolicyNet software. Privately held Grid Net is backed by world class investors Intel Capital, GE Energy Financial Services, and Catamount Ventures.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 09/13/07 | Series A | 6.75M | Catamount Ventures, Intel Capital | Unknown |