Page 3 - Hall Chen News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gridware, a Walnut Creek, Calif.-based wildfire prevention technology company, raised $5.3m in seed funding. The round was co-led by Fifty Years and True Ventures, with participation from Y-Combinator, Liquid 2 Ventures, Wireframe Ventures, SOMA Capital, Anorak Ventures, and other funds and angels. The company intends to use the funds to accelerate its engineering and R&D efforts and expand its utility partnership network. Co-founded by Hall Chen, Tim Barat, and Abdulrahman Bin Omar, Gridware provides sensing technology that detects and predicts grid failures to empower utilities to ...

Gridware is building early-detection sensors for power grid failures and wildfires Like corporate financial accounting, the power grid never draws headlines when things are going well. No journalist writes “The power remains on,” or discusses the extensive work it takes to maintain the grid. Instead, it takes a record-breaking ice wave to knock out power to one of the largest states in America for it to start garnering front-page coverage, or perhaps massive wildfires in America’s most populous state like the Camp Fire in California in 2018. Power grids are going to be in the news more ...