AutoGrid, a green start-up, officially launched its smart grid data analysis software with $9 million in funding.
AutoGrid also announced that it has signed agreements with 2 large customers: the City of Palo Alto Utilities and the Sacramento Municipal Utilities District.
AutoGrid has so far raised $9 million from Foundation Capital, Voyager Capital and Stanford University. It has also obtained $5 million worth of contracts from the U.S. Department of Energy's ARPA-E research agency and the California Energy Commission.