GRIDSMART Technologies

company

About

GRIDSMART uses a single camera to actuate intersections and gather data on arterials and highways.

  • 11 - 50

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$6M
Industries
Information Technology,Infrastructure,Logistics,Software
Founded date
Jan 1, 2006
Number Of Employee
11 - 50
Operating Status
Active

Aldis, Inc., a CleanTech company, develops, commercializes, and sells traffic and energy management technology and services to municipal partners. The company offers GridSmart, a vision-based traffic monitoring and control system. Its GridSmart line of products include Spectra 360, a single-camera solution that sees in various directions; GridSmart Optima 360, which provides stop-bar detection, as well as vehicle counting, speed, and classification; GridSmart Ultra 360, which tracks vehicle speed, turn and pedestrian counts, emergency vehicle preemption modes, machine-enabled red light mitigation, and real-time video feeds; GridSmart XPress, a freeway monitoring system to view and track vehicles and provides traffic control center with vehicle counts and average speeds; and GridSmart Centrex, a smart parking system. The company also provides SmartWay, a line of products that provide energy efficient LED traffic signals. In addition, its solutions include vehicle/turn counts, red light runner (RLR) mitigation, auto alerts, pedestrian tracking, and software upgrades. The company serves transportation logistics and advanced infrastructure management markets.

Aldis, Inc. was founded in 2006 and is based in Oak Ridge, Tennessee.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$6M
GRIDSMART Technologies has raised a total of $6M in funding over 2 rounds. Their latest funding was raised on Aug 22, 2010 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 22, 2010 Series Unknown $6M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
GRIDSMART Technologies is funded by 1 investors. Murphree Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Murphree Venture Partners Series Unknown