Nexgrid > News subscribe to news feed

Latest News Stories

Nexgrid Participates in Energy Conference in Charlotte, NC

Nexgrid today participated in a panel discussing energy careers in the greater Charlotte region.

8/3/2010 - Intelagrid, LLC, the emerging leader in broadband standards-based smart grid and smart home products, today participated in a panel discussing energy careers in the greater Charlotte region. The event was hosted at the Harris Campus of CPCC as part of the Charlotte Regional Partnership's Charlotte, Energy Capital USA effort and brought together representatives from local energy businesses, colleges, and employment associations and was titled "Energy Careers for a Bright Future". Attendees learned about the career opportunities in the energy industry from both established energy companies and up-and-coming non-traditional energy companies.

Read The Full Story...

Hiter Harris Joins nexgrid Board of Directors .

Nexgrid today announced that Hiter Harris, co-founder of Harris Williams & Co., has joined its board of directors.

7/25/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced that Hiter Harris, co-founder of Harris Williams & Co., has joined its board of directors. Harris brings extensive experience in finance and investment banking. Harris is a member of the investment team that made the Series A investment in Intelagrid and actively participates in advising Intelagrid on its strategic plan and execution.

Mr. Harris co-founded Harris Williams & Co. in 1991 as a national investment banking firm focused on mergers and acquisitions within the middle market. Since the firm's founding in 1991, Mr. Harris has led Harris Williams & Co. to become one of the premier middle market advisors serving clients worldwide with a staff of 180 people, six offices in the U.S., and a growing international platform based out of the U.K. Mr. Harris has over 20 years of transactional experience in mergers and acquisitions assignments. Having directed over 200 mergers and acquisitions transactions during his career, Mr. Harris has worked extensively in several industries, including energy and power, consumer products, building products, industrial manufacturing, natural resources, retailing, media, and various services businesses.

Read The Full Story...

Nexgrid Partners with Industry Leader in Manufacturing

Nexgrid announced that it has entered a strategic partnership with General Microcircuits of Mooresville, NC to mass produce its smart grid hardware

7/19/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced that it has entered a strategic partnership with General Microcircuits (GMI) of Mooresville, NC.

Read The Full Story...

Nexgrid Grows Software Development Team

Nexgrid, LLC today announced the addition to its software development team of Jeffrey Poore

7/7/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced the addition to its software development team of Jeffrey Poore.

Read The Full Story...

Due to Continued Growth, nexgrid Opens Office in Charlotte, NC

Nexgrid today announced that it has opened a new regional office in Charlotte, NC.

6/11/2010 - Intelagrid, LLC, the emerging leader in broadband standards-based smart grid and smart home products, today announced that it has opened a new regional office in Charlotte, NC.

Read The Full Story...

Nexgrid Secures $1 Million in Private Equity Funding

Nexgrid, LLC, the leading provider of standards-based smart grid solutions, today announced that it has successfully completed its first round of private equity financing, raising $1 million.

6/8/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced that it has successfully completed its first round of private equity financing, raising $1 million. The company will use the proceeds from this financing round to expand its software development and sales teams as well as strengthen its customer support capabilities. The funding was provided by a group of investors from Richmond, VA with strong entrepreneurial roots and well-rounded strategic capabilities including finance, operations, accounting, marketing, and legal.

"Intelagrid has created a disruptive solution that will change the way utilities and their end customers manage and monitor electricity usage. We are excited to be involved with such an innovative company and look forward to continuing to provide strategic support as well as future capital needs as the company continues to grow", said Mark Jones, CPA, Mst of Mark A. Jones & Associates, PC -a leading professional services and consulting firm based in Richmond, speaking on behalf of the investment team.

Costa Apostolakis, founder and CEO of Intelagrid added, "We are thrilled to have a team of investors that adds strategic as well as financial value. The interest shown during the process of securing funding by many different investors validates Intelagrid's technical approach, ability to execute on its operational plan, the vision for a standards-based grid, as well as the long term value that Intelagrid will create as America's utilities look to modernize their grids, reduce carbon emissions, and build a platform for the future." Apostolakis added, "The fact that we were able to secure funding in today’s challenging financial environment reflects our investors’ belief in Intelagrid and the exciting growth prospects for the Intelagrid solution."

Read The Full Story...

Nexgrid attending 2010 APPA Conference

nexgrid announced that it will be participating in the American Public Power Association (APPA) National Conference 2010 in Orlando, FL

6/1/2010 - Intelagrid, the leading provider of standards-based smart grid solutions,today announced that it will be participating in the American Public Power Association (APPA) NationalConference 2010 in Orlando, FL.

"We are proud to be exhibiting at the APPA conference and demonstrating our smart grid solutions. As anindustry leader in standards-based smart grid solutions, Intelagrid is a natural fit for this event. We have aninnovative and comprehensive approach to building future-proof smart grid solutions for our utility clients,and our participation in this conference further demonstrates our commitment to defining the state-of-the artin smart grid, AMI, and home automation", said John Espey, Chief Operating Officer at Intelagrid.

Read The Full Story...

Nexgrid appoints John Espey as Chief Operating Officer

Nexgrid announced that John Espey has joined its senior management team as Chief Operating Officer

3/29/2010 - Intelagrid, LLC, the leading provider of standards-based smart grid solutions, today announced that John Espey has joined its senior management team as Chief Operating Officer.

Read The Full Story...

Nexgrid Opens New Office in Locust Grove, VA

Nexgrid announced that it has moved its office to the newly developed Twins Office complex to accommodate the company's continued growth.

3/15/2010 - Intelagrid, the emerging leader in broadband standards-based smart grid and smart home products, today announced that it has moved its office to the newly developed Twins Office complex to accommodate the company's continued growth.

Read The Full Story...

Concord selects nexgrid to provide Smart Grid Infrastructure

Nexgrid has been selected by Concord Municipal Light Plant (CMLP) to provide advanced networking products and services to serve its 16,000 residents in Massachusetts.

8/24/2009 - Intelagrid incorporated, a leading provider of advanced metering and smart grid infrastructure based on open standards announced today that it has been selected by Concord Municipal Light Plant.

Read The Full Story...