Draker Labs

Draker Labs recently completed a $3 million round of equity funding, with FreshTracks Capital as one of the lead investors. According to Draker CEO, Chach Curtis, the funding is being invested in new technology development focused on scaling Draker's current products and services to meet the needs of the rapidly emerging utility-scale market.  

"In 2010, a 1MW solar PV project was considered to be a fairly large project by commercial standards. Contrast that with the 18MW project that we're currently commissioning and you can see how far we've come as a company and why we need to continue to invest in R&D in order to remain at the leading edge of this rapidly developing industry.  With the new funding, we can maintain our technological advantage and have sufficient boots on the ground to help our customers monitor and manage the large systems they're currently developing", said Curtis.  To read more, click here: Draker Labs Completes New Round of Equity Funding