REGEN Energy Finds Funding, Sets Up San Diego Office

Canadian smart energy management product developer REGEN Energy said today that it has raised $5.5M in a funding round, and set up a U.S. office in San Diego. REGEN, which develops wireless demand management and demand response products for the utility industry, said the funding came from NGEN Partners and BDC Venture Capital, and will go towards rapidly expanding its marketing activities across North America. The firm said it will focus its resources on efforts in the United States, and particularly California, where its new San Diego office was opened this month. The firm's new office is headed by Mark Kerbel, and will serve California, Arizona, New Mexico, and western Texas. More information »