GridGlo Raises $1.2 Million To Help Utilities Understand How Customers Use Electricity

A New York research firm that turns massive amounts of data into streamlined information, CUBRC (pronounced "coo-brick") invested $1.2 million in seed finance, and established a strategic partnership with GridGlo — a smart grid technology startup from Delray Beach, Florida, the companies revealed today. GridGlo sells software and services that help utilities see how and why their customers, primarily homeowners, are using electricity in real-time. They also provide utilities with an Energy People Scoring Mechanism, or EPM score that the company hopes will become a standard like the FICO score is to credit card issuers and other financial institutions...