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

Dec 09, 2020•over 4 years ago

Amount Raised

$8 Million

BostonEnergySoftwareAnalytics

Description

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 Information

Company

Clockworks Analytics

Location

Boston, Massachusetts, United States

About

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.

FundzWatch™ Score

60
Medium Activity

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