Norway’s smart meter software firm Greenbird Integration Technology raised $5 million from Statkraft Ventures and ETF Partners for expanding its business globally. Greenbird is a profitable and rapidly growing software vendor and IT integration specialist based in Norway. The company is the clear leader in its home market, having served utilities representing more than 80 % of the Norwegian market, and it is continuing to build its international customer base. Its Software as a Service (SaaS) offerings Metercloud.io and Ghostwriter enable utilities to quickly implement flexible IT architectures for modern smart meter operations.
Greenbird sais it’s the clear leader in its home market, having served utilities representing more than 80 percent of the Norwegian market, and it is continuing to build its international customer base. “At Statkraft Ventures we are well aware of the software integration challenge utilities are facing as the grid is becoming increasingly intelligent. In order to
“At Statkraft Ventures we are well aware of the software integration challenge utilities are facing as the grid is becoming increasingly intelligent. In order to capitalise on the smart grid opportunity, the IT systems need to adapt quickly. Greenbird provides exactly that flexibility and delivers it conveniently as a cloud service. Having proven its case in Norway, we see a big opportunity for Greenbird to further expand globally,” Matthias Dill, Managing Director of Statkraft Ventures, said in a statement.
