GridGlo, a recently launched startup that specializes in data fusion and the development of smart grid applications, has leased office space in Delray Beach, Florida. GridGlo’s unique data platform has garnered enough interest from the utility industry to expand its base of operations. The new location provides enough room for growth, as the company seeks to hire more employees as it expand its operations.
Research firm Cubrc has invested $1.2 million in GridGlo, a smart grid technology startup from Delray Beach, Florida. GridGlo sells software and services that enables utilities to see how and why their customers, primarily homeowners, are using electricity in real-time. They also provide utilities with an Energy People Scoring Mechanism (EPM) score that GridGlo would like to see become a standard, similar to how the FICO score is to credit card issuers and other financial institutions.