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Solar Monitoring Firm Fat Spaniel Technologies Raises $500,000 in Friends and Family Financing

 

SAN JOSE, California — Fat Spaniel Technologies, a solar monitoring solution company, has raised $500,000 in its Friends and Family round of financing. The proceeds of the round will be used to strengthen relationships with industry integrators and equipment manufacturers, to support the sales function and advanced feature development.  

Chris Beekhuis, President of the company, founded and seeded the company. Mr. Beekhuis plans to raise a larger Series A preferred round by the end of the year to support product commercialization and marketing, and to expand their global reach.  

“We're extremely pleased to have closed this round of funding in such a competitive marketplace and with so much interest from our customers, friends and family,” said Beekhuis.  “With these additional funds, Fat Spaniel Technologies is well positioned to deliver additional market-leading solutions, and continue to deepen our alliances with other industry leaders and build on our strong initial sales.”

Fat Spaniel Technologies' product suite, PV2Web™, is already in production and being sold globally with close to 2 megawatts being monitored. The product is an advanced energy monitoring solution that offers energy users the ability to manage and control their energy data through easy to understand displays via the Internet. The real-time, historical displays allow users to view their energy usage and environmental benefits to make efficient energy decisions and ensure the system is running at peak levels. PV2Web additionally supports installers and equipment manufacturers in their sales process by providing a dynamic visual display of their energy systems. The product can be viewed at www.fatspaniel.com.

The company targets residential and commercial equipment manufacturers, installers and end-users in the solar energy, and grid energy markets.

Founded in 2002, Fat Spaniel Technologies is located in San Jose, California.

About Fat Spaniel Technologies

Fat Spaniel Technologies provides real-time solar energy monitoring for commercial and residential installers, equipment manufacturers, and system owners via any internet-enabled device. Fat Spaniel Technologies was founded with the goal of making renewable energy more visible, accessible and compelling to end users, industry professionals and policy makers. Further information is available on the company's web site: www.fatspaniel.com.

Contact:
Greg Weaver  
(408) 279-5262
sales@fatspaniel.com