Simple Energy closed $6 million in a Series B funding round led by clean tech venture firm Westly Group. As part of the round, Westly Group’s Founder and Managing Partner, Steve Westly will be joining Simple Energy’s board of directors.
The funding will fuel Simple Energy’s development of new products due out in 2014 together with additional marketing.
Simple Energy offers utility companies a digital software as a service (SaaS) platform that normalizes customer’s energy usage, allowing participants to make comparisons. In addition, customers can earn points, rewards, and gift cards by saving energy.