ISE Raises $6.7M

San Diego-based ISE Corporation announced that it has completed a $6.7M roudn of funding from North Arrows LLC. ISE is a maker of hybrid-electric drive systems for buses and trucks, and designs and develops control systems and software that manages hybrid-electric drive systems. The company's technology is integrated with electric motors and other components to create a hybrid-electric drive system used by bus and truck manufacturers. The company aid that it currently has orders for hybrid-drive systems for more than 75 transit buses, scheduled for delivery in 2005 throughout California. More information »