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Tantalus Systems
company
About
Tantalus Systems provides smart grid solutions for advanced metering, demand response, and conservation for electric and water utilities.
- 51 - 100
Details
- Last Funding Type
- Series Unknown
- Last Funding Money Raised
- $8.12M
- Industries
- Customer Service,Electronics,Power Grid,Water
- Founded date
- Jan 1, 1989
- Number Of Employee
- 51 - 100
- Operating Status
- Active
Tantalus provides Smart Grid communications solutions for Advanced Metering, Demand Response & Distribution Automation.
TUNet® – the Tantalus Utility Network – is a rapid & reliable two-way network that enables electric, water & gas distributors to automate processes, improve business operations and deliver top-tier customer service. TUNet is deployed at utilities determined to manage resources intelligently and meet ambitious conservation goals.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$21.59M
Tantalus Systems has raised a total of
$21.59M
in funding over 2 rounds. Their latest funding was raised on
Jan 20, 2010 from a Series Unknown round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 20, 2010 | Series Unknown | $13.47M | 1 |
Redpoint
|
— | Detail |
| Dec 8, 2005 | Series Unknown | $8.12M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Tantalus Systems is funded by 2 investors.
Redpoint
and British Columbia Discovery Fund
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Redpoint
|
Yes | Series Unknown |
British Columbia Discovery Fund
|
— | Series Unknown |
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