FirstFuel Secures $8.5M in Added Funding

FirstFuel Software has secured $8.5 million in Series B financing from new and existing investors, including the Düsseldorf, Germany-based utility E.ON. Existing investors Battery Ventures, Rockport Capital and Nth Power also participated in the financing round. FirstFuel Software describes itself as “a utility SaaS analytics company, but FirstFuel also recently announced deployments with the US General Services Administration and the Washington DC Department of General Services.

The new funding will support FirstFuel’s continued expansion in North America, and now globally, as well as further accelerate development of its Remote Building Analytics (RBA) platform, which leverages data analytics to drive scalable efficiency in commercial buildings.

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