Bidgely Raises $16.6 mn Led By Constellation Technology Ventures

Company Name : Bidgely
Funding Amount : $16.6 mn
Investor(s) Constellation Technology Ventures European utility companies E.ON and RWE. Khosla Ventures.
Funding Round : Series B

Bidgely has raised $16.6 million in a funding round which was led by Constellation Technology Ventures. European utility companies E.ON and RWE, and existing investor Khosla Ventures, also participated in the round.

Bidgely based out of Bangalore, is an energy engagement platform and has developed analytics that can measure the home energy usage of data to the appliance level without using any plug-level monitors.

With the raised funds, the company plans to expand operations. Earlier the company had raised $8 million in seed and Series A funding rounds. [source]

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