Dive Brief:
- Texas-based EnTouch Controls raised $8.5 million to expand its suite of energy management offerings to small commercial businesses. Investors include NRG Energy and Trailblazer Capital.
- NRG unit Green Mountain Energy has been offering EnTouch Controls products to small businesses in Texas.
- EnTouch sells a cloud-based energy management system to monitor and control HVAC systems.
Dive Insight:
EnTouch will use the new funds to expand its energy management analytics and load curtailment offerings to chain restaurants, which have high energy costs per square foot and generally slim profit margins.
