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Acquired byToshiba Corporation
Date2/2013

General Information

Websiteconsert.com
Blogconsert.com/blog
Twitter@ConsertInc
CategoryCleanTech
Phone919-855-1060
Employees
Founded2008
DescriptionEnergy Usage Management

Offices

SAN ANTONIO, USA
12508 JONES MALTSBERGER ROAD
SUITE 110
SAN ANTONIO, TX, 78247
USA

People

Vice President of Utility Operations
General Manager and CEO

Funding

TOTAL $24.7M
FUNDING TOTAL $24.7M
Venture Round, 6/2010
$17.7M
Partial Close, 10/2011
$7M
DEBT TOTAL $8.35M
Debt, 12/2009
$3.35M
Debt, 4/2012
$5M

Tags

Consert

Consert Inc. is focused on the design and implementation of intelligent energy distribution and management networks. It drives to join all the players in the energy market to its own network creating market solutions built entirely through opt-in participation.

Consert Inc. was formed in 2008 and offers the most complete real-time, energy management and conservation ecosystem available today. Consert’s Energy Management Solution gives energy conservation the attributes of generation and offers utilities the opportunity to gain operational savings, address peak load with measurable and verifiable certainty, and realize new revenue streams, all by empowering consumers to set, monitors and reduce energy consumption.

Over the years, Consert has proven itself time and time again with major utilities, including the nation’s largest municipal power and gas company. In addition to full-scale commercial program initiated as pilots for among others, Fayetteville Public Works Commission and Wake Electric Membership Corporation, Consert has partnered with CPS Energy of San Antonio – and its more than 700,000 customers – to reduce peak demand by more than 250 megawatts over the next three years.

Recent Milestones

  • Handshake
    Consert was acquired by Toshiba Corporation. (2/12/13)
    Posted 2/11/13 at 9:08pm via dowjones.com
  • Dollar
    Consert received $5M in Debt funding. (4/10/12)
    Posted 8/23/13 at 3:25am via sec.gov
  • Dollar
    Consert received $7M in Partial Close funding. (10/18/11)
    Posted 9/23/13 at 7:51pm via sec.gov
  • Dollar
    Consert received $17.7M in Venture Round funding. (6/30/10)
    Posted 1/9/14 at 4:06am via sec.gov
  • Check
    Consert — Consert raises $17.7 million Series A Preferred to fund strategic marketing, North American sales and ongoing enhancements of Consert’s advanced smart grid software. (6/29/10)
    Posted 7/22/10 at 2:34am via businesswire.com
  • Dollar
    Consert received $3.35M in Debt funding. (12/18/09)
    Posted 12/19/09 at 3:39pm via sec.gov
  • Check
    Consert added Mark Royle as General Manager and CEO.
    Posted 12/24/13 at 10:52pm

Videos

Screenshots

Sources

  1. Toshiba Buys Smart Grid Start-Up Consert (pevc.dowjones.com) [edit]
  2. SEC (sec.gov) [edit]
  3. SEC (sec.gov) [edit]
  4. SEC (sec.gov) [edit]
  5. SEC (sec.gov) [edit]
  6. Constellation Energy, GE, Qualcomm and Verizon Ventures Make Cleantech Investment in Smart Grid Company Consert Inc. (businesswire.com) [edit]
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Last Edited 1/9/14

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