Optimum Energy LLC, a Seattle-based software company that develops technology to sharply reduce energy use in high rises and other large buildings, has raised $5 million in venture capital.
The company says its second-round financing was quickly picked up almost entirely by Columbia Pacific Management Inc. of Seattle.
Optimum Energy says its patented Hartman Technologies can reduce energy consumption and operating costs of HVAC systems in large government, commercial and institutional buildings by 30 to 50%.
The company says its technology has achieved energy reduction targets in buildings in Washington and California. Optimum Energy also says it recently secured a contract to retrofit high rises in Hong Kong with its technology.
“Large buildings use a huge amount of electricity for heating and cooling,” said Nathan Rothman, CEO of Optimum Energy. “By cutting their energy consumption virtually in half, we help building owners save a tremendous amount of money and reduce the size of their carbon footprint.”
About Optimum Energy
Founded in 2005 and based in Seattle, Optimum Energy’s technologies have been developed by Tom Hartman, an internationally recognized HVAC expert.
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