Last deal

$7.3M
Local Amount - CAD 10M

Amount

Post-IPO Equity

Stage

08.05.2024

Date

6

all rounds

$52.5M

Total amount

General

About Company
Tantalus Systems offers smart grid solutions for electric and water utilities.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Tantalus, RiseTech, RiseTech Capital, RiseTech Capital Corp.

founded date

01.01.1989

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The company's TUNet network provides a two-way communication system that enables utilities to automate processes, improve business operations, and deliver high-quality customer service. Tantalus Systems Holding Inc specializes in developing and delivering smart grid solutions for public power and electric cooperative utilities, with a focus on advanced metering, demand response, and distribution automation. Its Connected Devices and Infrastructure Segment and Utility Software Applications and Services segments provide purpose-built solutions for utilities that want to manage resources intelligently and meet ambitious conservation goals.
Contacts