JouleX Secures $17M For Enterprise Energy Management

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JouleX, an innovator in enterprise energy management systems for data centers, distributed office environments, and facilities, has announced it received $17 million in investment capital from new investors Sigma Partners, Flybridge Capital Partners and Intel Capital, in addition to existing investors Target Partners and TechOperators.

JouleX plans to use the capital to expand its development and sales footprint into growth markets around the world.

JouleX is one of a handful of startups, including Racktivity and Viridity, determined to solve the energy issue by monitoring the energy consumed by every device within a data center or across a network.

JouleX is an innovator in sustainable energy management systems for the enterprise. Its flagship solution, the JouleX Energy Manager (JEM), provides the Global 2000 and government agencies with the ability to monitor, analyze and control energy usage for all network-connected devices and systems across the enterprise, including in distributed offices, data centers and facilities.

Thomas Oppong

Thomas Oppong is the founder and editor of Alltopstartups. You can reach him at thomas[at]alltopstartups[dot]com

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