AutoGrid Systems tries to decipher smart meter data


MIT Technology Review says that despite investing millions of dollars in smart meters, utilities have yet to fully capitalize on the data these two-way meters produce. Then it points to a startup that is addressing this shortcoming: AutoGrid Systems.

Using data analytics, startup AutoGrid Systems seeks to make sense of and monetize the streams of data from smart meters, and sensors.

The Palo Alto, Calif.-based company has raised $9 million from venture capital firms and Stanford University as well, as well as from grants from the Department of Energy's ARPA-E agency and the California Energy Commission.