Power Assure Gains Strategic Investment

Santa Clara-based Power Assure said Tuesday that it has raised $1M in a strategic investment in the company. The investment came from Dominion Energy Technologies, Inc. Power Assure is venture backed by ABB Technology Ventures, Good Energies, Point Judith Capital, and Draper Fisher Jurvetson. Power Assure develops energy management software for the data center market. The firm has now raised a total of $29.75M. More information »