Milpitas California based GridX is raising $12,202,934.00 in New Equity Investment.
Milpitas, CA – According to filings with the U.S. Securities and Exchange Commission, GridX is raising $12,202,934.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Jian Zhang 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 GridX
GridX is the leading provider of big data, cloud-based Business Operation Support System to utilities, retail energy suppliers and Community Choice Aggregators (CCAs). Our customers include some of the largest and most innovative utilities and CCAs, which leverage our technology to launch their new operations, transform their business models and streamline such business processes as product and pricing development, retail billing, wholesale settlement, customer engagement and services, and revenue tracking and analytics. We were named to the top 10 Smart Grid Solutions by Energy CIO Magazine and won the Supplier Excellence Award by Arizona Public Service.
To learn more about GridX, visit http://www.gridx.com/
Contact:
Jian Zhang, President and Chief Executive Officer
925-984-1595
jian@gridx.com
https://www.linkedin.com/in/jianzhang/
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