Overview

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Status
Acquired by on March 7, 2013
Total Equity Funding
$100M in 1 Round from 2 Investors
Headquarters:
Germantown, MD
Description:
Current Communications provides a smart grid solution that increases the efficiency of electric grids with a reduced environmental impact.
Categories:
Software, Information Technology, Electronics
Website:
http://www.currentgroup.com

Company Details

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CURRENT provides electric utilities a Smart Grid solution that increases the efficiency and reliability of the electric grid while reducing the environmental impact of electric usage. Their integrated solution combines advanced sensing technology, two-way high-speed communications, 24/7 monitoring and enterprise analysis software and related services to provide location-specific, real-time actionable data. CURRENT is also a fully-integrated communications service provider, with the capability to offer high-performance broadband services and home energy management services to every plug in every home or office using the electric wires.

Funding Rounds (1) - $100M

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DateAmount / RoundValuationLead InvestorInvestors
Jul, 2005$100M / Private Equity2

Investors (2)

Current Team (1)

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Offices/Locations (1)

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  • Maryland Office

    20420 Century Boulevard

    Germantown, MD 20874

    USA

Past Team (1)

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