Bob Forlenza

Aliso Viejo, Calif. — Phoenix Energy Technologies (PhoenixET), an IOT business intelligence analytics company and leader in smart buildings, has raised growth capital to accelerate product development and facilitate entry into additional markets. Spring Lake Equity Partners and Energy Innovation Capital (EIC) led the round in partnership with management and join PhoenixET’s existing shareholders including Duke Energy. “This investment will strengthen our value proposition for customers and support our continued rapid growth,” says CEO Glen Schrank. “With this investment, Phoenix Energy Technologies is poised to further enhance our offerings across …

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