According to filings with the U.S. Securities and Exchange Commission, Utilidata is raising up to $50,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Josh Brumberger played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Utilidata
Utilidata is a technology company bringing open source distributed artificial intelligence (AI) to the edge of the electric grid to accelerate decarbonization and better serve people. Utilidata has partnered with NVIDIA to combine a decade of experience optimizing the distribution grid in real time with NVIDIAs industry-transforming accelerated computing to deliver a new grid edge solution: the smart grid chip. Utilidatas smart grid chip offers unparalleled computing power with embedded software to manage rapid decarbonization, electrification, and increasingly severe weather. We are a mission-driven, collaborative, and adaptive group of people working to do whats right, even when its hard. With backgrounds in electric engineering, power systems engineering, software engineering, data science, and energy policy, we bring a unique vantage point on the solutions the energy industry needs. We are committed to ensuring a diverse, inclusive, and flexible workplace where employees are provided mentorship and growth opportunities and are empowered to solve problems as part of a collaborative team.

To learn more about Utilidata, visit http://www.utilidata.com/
Utilidata Linkedin Page: https://www.linkedin.com/company/utilidata/

Contact:
Josh Brumberger, Chief Executive Officer
401-383-5800
https://www.linkedin.com/in/josh-brumberger-290b0098/

SOURCE: http://www.intelligence360.io
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