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GreenPocket secures Series A round of venture funding
[September 28, 2010]

GreenPocket secures Series A round of venture funding


Sep 28, 2010 (Datamonitor Financial Deals Tracker via COMTEX) -- GreenPocket GmbH, a Germany-based provider of software solutions for the interpretation and visualization of smart metering energy consumption data, has secured Series A financing round led by Rheinland Venture Capital.



Existing investors Schwetje Digital GmbH and Thomas Goette also participated in the funding round.

Deal Type Venture Finance Sub-Category None Deal Status Completed: 2010-09-27 Deal Participants Target (Company) GreenPocket GmbH Acquirer (Company) Rheinland Venture Capital Deal Rationale GreenPocket intends to use the proceeds from the funding to realize further growth plans, focusing particularly on the advancement of its software technology as well as addressing new customer segments and further developing its product portfolio.

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