Intelen raises a 3rd round of $1,6M to grow more in a global scale

Intelen raises a 3rd round of $1,6M to grow more in a global scale

Intelen, has already raised more than $2,2M in Seed/Angel funding and has received over $1,2M research grants on smart grid analytics projects. The company has over 35 people in between Athens R&D and HQs New York and it is expected to overpass 40 until the end of 2014, being also cash flow positive after 1,5 year of the official US relocation.

Intelen will present important case studies from Utility engagement and data analytics projects on real clients and will announce some big contracts and clients/partnerships at the Grid Edge 2014 event in San Diego, CA where the company is among the Platinum sponsors.

more infos @ http://www.crunchbase.com/organization/intelen