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Powerit fuels up with new cash infusion, looks to cut energy bills for big industrial clients

Powerit Solutions, a 10-year-old Seattle company that helps large industrial customers reduce energy costs, has raised $2.5 million in fresh funding that it will use to embed its software in the industrial automation, utility, and smart grid infrastructure. The cash infusion also will help the company expand in Europe, and launch its Spara cloud platform next… Read More

Friedman (UW photo via Patch.com)

Tech Moves: Klustner joins Powerit; Trulia names a chief economist; DocuSign; etc.

Rob Friedman has been named the new director of University of Washington Tacoma’s Institute of Technology. The New Yorker — who arrives at the organization from the New Jersey Institute of Technology — replaces Orlando Baiocchi, reports Patch.com. Friedman says he plans to boost federal funding for the institute, noting that he’ll be “working with faculty to gin up as many… Read More