Fat Spaniel Technologies, Inc., a San Jose, California-based company which provides of monitoring and reporting services for renewable energy systems, announced that it closed an $18 million Series B round of financing.
Ignition Partners led this funding round, with follow-on investment from Element Partners and Chrysalix Energy. Other investors in this round were PCG Clean Energy & Technology Fund and Applied Ventures (the VC arm of Applied Materials).
John Ludwig, founding partner of Ignition Partners, will join Robert L. Puette, David F. Lincoln, Thomas J. Starrs, Mike Walkinshaw and Fat Spaniel President Chris Beekhuis on the company’s Board of Directors.