logo
logo

Clockworks Analytics, Newly Rebranded Smart Building Company, Raises $8 Million in New Growth Funding

Clockworks Analytics, Newly Rebranded Smart Building Company, Raises $8 Million in New Growth Funding

12/09/20, 2:05 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgboston
Money raised
$8 million
Industry
energy
software
analytics
The company behind Clockworks — the most widely utilized cloud-based building analytics platform in the world — announced today that it has renamed itself Clockworks Analytics. Concurrently, Clockworks Analytics announced that it has raised an $8-million funding round, bringing the company’s total funding to date to approximately $13 million. The capital round was led by Carom Growth Partners and Evans Capital Management, with participation of existing investor Schneider Electric. Evan Kornack of Carom Growth Partners and Bruce Evans of Evans Capital Management have also joined the Clockworks Analytics board of directors.

Company Info

Company
Clockworks Analytics
Location
boston, massachusetts, united states
Additional Info
Clockworks Analytics is an essential smart building intelligence platform that provides data-driven insights into property operations for facility and energy managers. Through its technology, which is the world’s most widely utilized cloud-based building analytics software, the company proactively identifies inefficiencies and root causes within building systems and prioritizes the most urgent tasks for building staff in real time. By creating an unprecedented level of operational intelligence about a building, Clockworks helps property teams improve the reliability of their buildings’ equipment, while improving air quality and reducing energy consumption and operational costs.

Related People