EV Connect closes $8-million financing round

Chevy Volt Charging Plug-in 1

EV Connect, a provider of charging solutions including a cloud-based network management platform, has closed an $8-million financing round, led by Ecosystem Integrity Fund.

The company will use the new funds to accelerate the deployment of its EV Cloud management platform in the US, advance its integration with utility grid systems and expand into new global markets.

Current EV Connect customers include Electrify America, Hilton, Western Digital, ADP, Caltrans, Lockheed Martin, Los Angeles Metropolitan Transportation Authority, New York Power Authority, and numerous municipalities.

“EV Connect is uniquely positioned to address the massive growth and evolution which the EV charging market will experience over the next decade,” said Devin Whatley, Partner with Ecosystem Integrity Fund and new EV Connect Board Member. “EV Cloud is delivering unmatched innovation to any organization deploying EV charging networks, networks-within-networks and grid services.”

 

Source: EV Connect