Powerhouse Dynamics lands $1M in VC (Boston)

Powerhouse Dynamics disclosed Thursday it has closed a $1 million round of funding from CommonAngels. The money will be used to produce and distribute the company’s building-energy management system.

The Newton, Mass.-based startup, led by CEO Martin Flusberg, said Powerhouse’s system, which monitors energy usage at the circuit level and provides recommendations and proactive alerts to reduce energy consumption, has been well received by early testers.

Read the full report in the Boston Business Journal.

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