EPS Corp, a company that develops and implements analytic, efficiency and clean solutions for Fortune 500 companies, today announced the closing of its $30 million Series B funding led by Altira Group LLC, a Denver based private equity and venture firm specializing in funding efficient, sustainable energy companies and related investments.
Previous investors NGEN Partners, LLC and Robeco also participated in the round.
The company plans to use the investment capital to further expand
xChange Point™, an energy and carbon emissions management
system, and to make strategic acquisitions.
"In this difficult economic environment to say that fundraising is a challenge is an understatement. Successfully closing the round with a strong lead investor such as Altira, is a truly compelling result," said EPS Corp CEO, Jay Zoellner. "The carbon and capital constrained economy will require competitive companies to closely watch how they use energy and monetize their carbon emission reductions. Our xChange Point™ system provides the information, control and solutions necessary for companies to become energy intelligent."
EPS Corp was founded in 2001 and is headquartered in Costa Mesa, California.
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