Tantalus Systems

company

About

Tantalus Systems provides smart grid solutions for advanced metering, demand response, and conservation for electric and water utilities.

  • 51 - 100

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$8.12M
Industries
Customer Service,Electronics,Power Grid,Water
Founded date
Jan 1, 1989
Number Of Employee
51 - 100
Operating Status
Active

Tantalus provides Smart Grid communications solutions for Advanced Metering, Demand Response & Distribution Automation.

TUNet® – the Tantalus Utility Network – is a rapid & reliable two-way network that enables electric, water & gas distributors to automate processes, improve business operations and deliver top-tier customer service. TUNet is deployed at utilities determined to manage resources intelligently and meet ambitious conservation goals.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$21.59M
Tantalus Systems has raised a total of $21.59M in funding over 2 rounds. Their latest funding was raised on Jan 20, 2010 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 20, 2010 Series Unknown $13.47M 1 Redpoint Detail
Dec 8, 2005 Series Unknown $8.12M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Tantalus Systems is funded by 2 investors. Redpoint and British Columbia Discovery Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Redpoint Yes Series Unknown
British Columbia Discovery Fund Series Unknown