PC Energy Management Startup Verdiem Raises Close to $5M

A weak economy is a solid time to sell a product that can save companies 30-60 percent on their energy bills. Computer energy software maker Verdiem, which passed the 1 million mark back in August for the number of government and business PCs that are running its software, has raised $4.71 million of a $5.93 million round from investors including Kleiner Perkins and Catamount Ventures, according to a filing with the SEC. The Seattle-based company was founded in 2001 and as of 2007 had raised a total of $15 million.

Verdiem makes a software program called Surveyor that centrally monitors and manages the energy consumption of networked business PCs. The company also has a consumer-facing product called Edison, which is free and downloadable from the web. Its Surveyor product, however, provides the bulk of the company’s revenues, and costs about $30 to $60 per PC per year, with an average return on investment of between eight and nine months according to the company.
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