Berkeley, CA – According to filings with the U.S. Securities and Exchange Commission, Powerhive Inc. is raising $9.3 Million in a new round of investment. Sources indicate as part of senior management Chief Executive Officer, Christopher Hornor played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Powerhive Inc.

Powerhive’s technology platform enables financing and monetization of distributed microgrids by reducing costs and stabilizing investment risk. Our cloud-based software application and proprietary smart meter automate account management tasks, remotely monitor and control microgrid operations and run real-time data analytics.

To learn more about Powerhive Inc., visit http://www.powerhive.com/

Contact:
Christopher Hornor, Chief Executive Officer
646-675-4240
c.hornor@powerhive.com
https://www.linkedin.com/in/christopher-hornor-480a913/

SOURCE: http://www.intelligence360.io
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