Funding to Speed up Progress and Market Enlargement of the EV Cloud Platform
LOS ANGELES, CA, July 23, 2018 – EV Join, a number one supplier of electrical car (EV) charging options and essentially the most superior cloud-based EV community administration platform, at present introduced that it has closed an $eight million financing spherical. The spherical was led by Ecosystem Integrity Fund, with participation by Montage Capital and present traders. Funds can be used to speed up deployment of EV Join’s EV Cloud administration platform within the U.S., advance its integration with utility grid programs and develop into new international markets.
“EV Join is uniquely positioned to deal with the huge development and evolution which the EV charging market will expertise over the following decade”, stated Devin Whatley, accomplice with Ecosystem Integrity Fund and new EV Join board member. “EV Cloud is delivering unmatched innovation to any group deploying EV charging networks, networks-within-networks and grid companies.”
EV Join clients at present embrace Hilton, Western Digital, Electrify America, ADP, Caltrans, Lockheed Martin, Los Angeles Metropolitan Transportation Authority, New York Energy Authority, and quite a few municipalities. EV Cloud is the hub of innovation for EV charging administration, together with integration with electrical utility grid and fleet operator programs which have and are being deployed nationally.
“This funding will enable us to proceed our momentum in delivering essentially the most superior EV charging administration and grid companies to our clients,” stated Jordan Ramer, founder and CEO of EV Join. “By leveraging the insights and experience of our new traders, we anticipate our partnerships with electrical utilities, community operators and different international organizations to quickly develop.
About EV Join
EV Join has created EV Cloud, essentially the most modern, sturdy, versatile and feature-rich cloud-based software program platform for managing electrical car (EV) charging stations, and their interplay with utilities, power administration programs and drivers. Established in 2009, EV Join is a number one supplier of EV charging options for business, enterprise, hospitality, utility, college and authorities services. For extra info, go to www.evconnect.com.
About Ecosystem Integrity Fund
Ecosystem Integrity Fund (“EIF”) is a enterprise capital agency that invests in early-stage corporations contributing to environmental sustainability, concentrating on sectors together with renewable power, inexperienced chemistry, and useful resource effectivity. EIF takes a systems-based strategy to sustainability funding, primarily investing in capital-efficient alternatives. EIF seeks out market niches that haven’t obtained the investor consideration they deserve, leading to higher funding alternatives and higher influence with much less capital. For extra info, go to www.ecosystemintegrity.com.
The put up EV Join Closes $eight Million Financing Spherical Auto Reviews & New Cars on EV Join.