Prominent Investors, Intel Capital, FlyBridge Capital Partners, and Sigma Partners Lead $17 Million in Investment Capital Round for JouleX

Based in Atlanta, Georgia, JouleX is an innovator in energy management solutions for data solutions. The company announced on June 10, 2011, that it has secured an enormous investment round of $17 million led by three new investors, who are Intel Capital, FlyBridge Capital Partners, and Sigma Partners and have also been joined by the company’s existing investors, who are Target Partners and TechOperators.

What makes JouleX stand out from the crowd and so attractive to such large investors is that the company has been a leader in innovations within the energy management and data management industry. The company has developed unique technology that has filled the gap that many data management companies and services were looking for. The high energy consumption of data management systems. The flagship technology which JouleX has developed the JEM system, which is a full energy management and allows both Global 2000 companies and government agencies to monitor, analyze and control corporate energy utilities throughout all of the corporation from distribution offices to data centers and facilities.

Many of the investors who chose to take part of this funding round had good things to say, including Mr. John Mandile, Managing Director at Sigma Partners, who stated that JouleX is the first company to develop a system that can successfully address the needs and meets the challenges that many enterprises face when they are finding ways to conserve the energy their servers and networking systems for their companies. Mr. Mandile further added that JouleX has set a new market standard for energy waste management generated from networking servers. Mr. Mandile also stated that he is very excited about his firm investing in JouleX and play an important contribution in this vision.

Sigma Partners is a large early-stage investment firm which was founded in 1984 and is primarily aimed at funding young companies who are in the business services, consumer, and tech industries. Some other companies in Sigma’s portfolio include Acquia, Attribut, Autovirt, Azuki Systems, Crown Peak, Dambella, and others.

Like Sigma Capital, FlyBridge Capital is an early-stage venture capital firm which primarily invests in the consumer energy, IT, and healthcare industries. FlyBridge Capital currently has $560 million in capital under its management and has a goal to find the right entrepreneurs who have the stamina to help build strong and valuable world-class companies. Some other companies in FlyBridge’s portfolio include 33Across, Black Wave, BzzAgent, Digital Lumens, and others.