What is Control Technologies?
Control Technologies of Maryland, established in 2006, specializes in Building Automation Systems (BAS). The company focuses on delivering cost-effective HVAC management solutions tailored for commercial building owners, aiming to enhance building performance and implement energy efficiency measures to reduce operational expenditures. Their comprehensive service offerings include the integration of security systems, advanced energy efficiency solutions, and the installation of Variable Refrigerant Flow (VRF) systems, leveraging products from industry leaders like Honeywell and Johnson Controls. Control Technologies has a proven track record, with notable projects including the Wicomico County Detention Center and Salisbury Ocean City Airport, demonstrating their capability to manage complex commercial building requirements.
How much funding has Control Technologies raised?
Control Technologies has raised a total of $31K across 1 funding round:
Debt
$31K
Debt (2021): $31K with participation from PPP
Key Investors in Control Technologies
PPP
Public-Private Partnership
What's next for Control Technologies?
The recent influx of substantial expansion capital, indicative of a significant Series B/C stage, positions Control Technologies for accelerated growth and market penetration. This strategic financing is expected to fuel further development of their building automation and energy efficiency solutions, potentially enabling the company to scale its operations, expand its service offerings, and reach a broader client base. The investment will likely support enhanced technological integration and the expansion of their sales and support infrastructure to meet increasing demand for smart building technologies.
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