Folsom firm wins GE's Ecomagination competition

November 18, 2010

 SynapSense Corp. of Folsom is one of 12 winners of General Electric Co.’s first GE Ecomagination Challenge: Powering the Grid.

GE announced the winners on Wednesday.

More than 3,500 companies were in competition for the award, which includes support from GE teams and part of a $55 million investment.

Four of the companies GE chose are from California.

SynapSense uses wireless mesh sensor networks to monitor and manage data center energy use, resulting in reductions in electrical use.

GE Energy Financial Services in July invested $5 million and became a partner with SynapSense.

“They looked at a lot of really good companies, so it is a pretty big win,” said Peter Van Deventer, chief executive officer.

Read more: Folsom firm wins GE's Ecoimagination competition | Sacramento Business Journal

Sacramento Business Journal - by Mark Anderson
Date: Thursday, November 18, 2010, 2:18pm PST - Last Modified: Thursday, November 18, 2010, 5:50pm PST