What is Verdiem?
Verdiem specializes in delivering remote power management solutions designed to empower IT departments. Their technology enables organizations to remotely wake computers for critical security updates and implement energy optimization strategies. By focusing on reducing energy consumption and associated costs, Verdiem assists enterprises in achieving their sustainability goals while ensuring high success rates for computer wake operations. The company further supports its clients through consulting services and a tiered customer success program, catering to organizations prioritizing IT security and environmental initiatives.
How much funding has Verdiem raised?
Verdiem has raised a total of $13M across 2 funding rounds:
Unspecified
$8.3M
Private Equity
$4.7M
Unspecified (2007): $8.3M with participation from Phoenix Partners, Angeleno Group, Falcon Partners, Westley Group, Catamount Ventures, and Kleiner Perkins
Private Equity (2009): $4.7M led by Kleiner Perkins Caufield & Byers and Catamount Ventures
Key Investors in Verdiem
Kleiner Perkins
Kleiner Perkins is a prominent venture capital firm known for investing in early and growth-stage technology and life science companies, providing both capital and operational support from seed to IPO.
Angeleno Group
Angeleno Group is a venture capital firm focused on providing growth capital for companies developing next-generation clean energy and climate solutions, aiming to support the transition to a low-carbon economy.
Westly Group
The Westly Group is a venture fund that invests in entrepreneurs transforming foundational industries such as energy, mobility, and cybersecurity, with a focus on disruptive technologies.
What's next for Verdiem?
The substantial enterprise-level funding and strategic investment underscore Verdiem's established position and future potential in the energy management and IT optimization sector. This capital infusion is expected to fuel further development of their remote power management technology, potentially expanding their service offerings to address evolving cybersecurity threats and energy efficiency mandates. Verdiem is poised to leverage this backing to deepen its market penetration, enhance its consulting services, and solidify its role as a key partner for enterprises committed to reducing their environmental footprint and strengthening their IT infrastructure.
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