Solmetric Raises $1.1 million in New Financing

September 28th 2010, Sebastopol, California.

Solmetric Corporation recently sold $1.1 million as part of a common stock financing round for qualified investors. Investors include the socially conscious investment groups Patient Capital Collaborative and Investor’s Circle, as well as the Silicon Valley Angels and individual angel investors. “We are delighted to have these investors on our team as we continue to build an outstanding solar instrumentation and software company,” said CEO, Willard MacDonald.

Solmetric® is a world leader in tools for solar installers. Its product offerings include: the Solmetric SunEye® shade analysis tool for fast, professional solar site evaluation; the Solmetric PV Designer software for easy design and simulation of PV systems; and the Solmetric PV Analyzer for measuring I-V and power curves to verify performance at the time of system commissioning or for troubleshooting a failing system.

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