ecobee Raises $6.73 Million

Posted by Rob Lewis

Toronto-based ecobee announced today that they have received $6.73 Million in venture capital financing from the Ontario Emerging Technologies Fund (OETF), JLA Ventures and Tech Capital Partners.

ecobee’s products are being sold through leading HAVC Distributors and Contractors for use in single family homes (both new and retrofitted), multi-family dwellings and light commercial properties. ecobee has received prestigious national awards and honors.

ecobee was founded in July 2007 to deliver intelligent conservation solutions and is engaged in Utility Smart Grid projects across North America. The funding will be used to expand ecobee’s sales, marketing and product footprint.

Company:
JLA Ventures
Website:
http://www.jlaventures.com
Location:
Toronto, Ontario, Canada

JLA Ventures invests more than just capital. Like you, we are committed entrepreneurs working hard to transform brilliant ideas into successful, technology-based businesses. Founded in 1996, JLA Ventures leverages its principals’ extensive operational, financial, and technological expertise to provide portfolio companies with the necessary tools to become industry leaders. We partner with highly motivated and... more

Our interest is primarily in engineers, scientists, or researchers who have developed technologies that solve difficult industry problems – problems that are substantial enough to compel customers to adopt the new technologies. We are also interested in disruptive technologies that have the potential to create entirely new markets. We want to work with company founders who have set their sights high and we seek... more

Company:
ecobee
Website:
http://www.ecobee.com
Location:
Toronto, Ontario, Canada

ecobee helps homeowners conserve energy, save money and reduce their environmental footprint. Our green automation platform sits at the convergence of energy conservation, green technology, the networked home and consumer electronics. Our products automate energy conservation, making it easier to save on energy costs without sacrificing comfort. We deliver intelligent conservation solutions for real people –... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more




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