Eka Systems Receives $18.5 Million Financing to Broaden Utility Networking Capabilities

Germantown, MD, -- Eka Systems, a global leader in providing Advanced Metering Infrastructure (AMI) and Smart Grid solutions for electric, gas, and water utilities, today announced they have closed an $18.5 million Series D round of funding. Led by Flybridge Capital Partners, the investment included participation from Angeleno Group, RockPort Capital Partners, The Westly Group, and Metropolitan Investment. Eka Systems’ solutions are targeted at the expanding $100 billion energy worldwide market where utilities are seeking the benefits of smart metering and Smart Grid solutions. Link.