If the smart grid grows like the Internet did, then Trilliant--and a few other competitors--want to build the data pipes.
Silicon Valley-based Trilliant on Thursday said that it has raised $106 million in late-stage funding to expand its smart-grid communications business.
The company makes mesh networking equipment for utilities to carry information through the many corners of the grid, including local neighborhood networks as well as long-haul jumps.
The funding came from two large grid equipment suppliers--General Electric and ABB--as well as venture-capital company VantagePoint Ventures and Investor Growth Capital. The money will help the company expand, including outside the … Read more