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Stage

Unattributed | Alive

Total Raised

$3.75M

Valuation

$0000 

Last Raised

$3.75M | 16 yrs ago

About Computerized Electricity Systems

Computerized Electricity Systems (C.E.S.) addresses the way electrical energy is managed, distributed, sold, and used in a carbon-constrained world. nC.E.S. has developed a energy management system that aims to provide consumers, developers, and energy solution providers with an opportunity to bring smart functionality and energy efficiency to all types of residential and commercial buildings. The C.E.S. solution aligns interests between end-users and energy providers for efficient usage, increased savings, and better quality of service. nThe C.E.S. solution is an integrated and energy management system. The C.E.S. solution is economic, easy to install and simple to use. The C.E.S. solution aims to empower consumers and energy providers to efficiently and economically manage electricity consumption.

Headquarters Location

5, Arye Regev St. P.O.Box 8011

42505,

Israel

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Latest Computerized Electricity Systems News

Cleantech Investing in Israel: Computerized Electricity Systems raises $3.75m from AquAgro Fund

Jul 30, 2013

News and commentary on Israel's growing clean technology industry. Thursday, March 13, 2008 Computerized Electricity Systems raises $3.75m from AquAgro Fund " Globes " reports that AquAgro Fund has made its second investment, investing $3.75 million in Computerized Electricity Systems Ltd. (CES). AquAgro declined to disclose the company value for the investment, but market sources believe that it was more than $10 million, before money. CES's technology aims to replace the household electricity box, enabling electric utilities to reduce the demand on the grid during peak hours in a uniform and equitable way for all customers, thus avoiding the need for initiated blackouts and brownouts of entire neighborhoods. AquaAgro made its first investment in January, investing $4 million in Advanced Desalination Technologies Ltd. AquaAgro has also set up Aqua Lab , which will invest in early-stage cleantech start-ups. CTO Lupu Wittner founded CES in 2002. Based in Netanya and managed by CEO Yaron Sheinman , CES has 15 employees in Israel, mostly R&D staff. A representative in the US handles business development. South Africa-based " Engineering News " reports that CES's technology has been successfully tested in Israel by the Israel Electric Corporation , in South Africa by state power utility Eskom , and in the US by the Energy Power Research Institute . In a lengthy interview with Engineering News, CTO Lupu Wittner says that the company plans to install its product in South Africa beginning in March, initially importing systems from Israel, with a long-term plan of creating a manufacturing facility in South Africa. Homes that consume the highest amount of electricity are the targeted clients for the product, says Wittner. "If two-million electricity customers with high consumption accept a 20% saving structure through this system, Eskom could potentially save to 4,000 MW. " Posted by

Computerized Electricity Systems Frequently Asked Questions (FAQ)

  • What is Computerized Electricity Systems's latest funding round?

    Computerized Electricity Systems's latest funding round is Unattributed.

  • How much did Computerized Electricity Systems raise?

    Computerized Electricity Systems raised a total of $3.75M.

  • Who are the investors of Computerized Electricity Systems?

    Investors of Computerized Electricity Systems include AquAgro Fund.

  • Who are Computerized Electricity Systems's competitors?

    Competitors of Computerized Electricity Systems include Advanced Power, Flexitricity, Beacon Power, Energy Future Holdings, Lawrenceville Plasma Physics and 7 more.

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