Linevision Announces $33M Series C In Growth Capital To Accelerate The Net Zero Grid
10/04/22, 11:06 AM
Location
somervilleMoney raised
$33 million
Industry
information technology
Round Type
series c
LineVision, Inc., the world's leading provider of overhead line monitoring for electric utilities, today announced the closing of its $33 million Series C financing round. The proceeds from this round will be used to accelerate global growth of its Grid Enhancing Technology (GETs) platform, used by leading utilities around the world to increase the capacity, flexibility, and safety of their transmission grids and accelerate the transition to net zero.
Company Info
Location
444 somerville ave.
somerville, pennsylvania, united states
Additional Info
The LineVision system is a proven platform to enhance the capacity, reliability, flexibility and visibility of existing and new transmission lines. Featuring patented non-contact electromagnetic field and optical sensors, the LineVision system is a complete turnkey solution that is deployed under critical lines without the need for disruptive line outages or dispatching utility installation crews. Leveraging 20 years of transmission line monitoring expertise, the EMF power flow monitoring hardware is the most widely deployed monitor with over 5000 units worldwide. LineVision clients receive a powerful and secure web-based interface or direct data feed to view real-time, forecasted, and historical data.