DELRAY BEACH, Fla. — GridGlo LLC , a startup specializing in data fusion and the development of smart grid applications, today announced it has leased office space in the Atlantic Plaza at 777 Atlantic Avenue in Delray Beach, Florida. Recently launched, GridGlo’s unique data platform is already garnering tremendous utility industry interest, prompting the company to expand its base of operations. GridGlo selected its new office location because it provides enough room for growth, as the company seeks to hire more employees as it expand its operations over the next several months.
“The entrepreneurial environment in Delray Beach continues to grow and we’re pleased to add innovative clean technology companies like GridGlo to our city,” said Nelson S. "Woodie" McDuffie, mayor of Delray Beach. “New cleantech businesses like GridGlo bring job growth and interesting new employment opportunities to Delray Beach.”
“It’s great to see high-profile, emerging clean-tech companies settle in Delray Beach, and I’m excited beyond words that GridGlo choose our city for its headquarters,” added Gregg Weiss, Chairman of the Greater Delray Beach Chamber Of Commerce. “GridGlo is a great addition to the Delray community.”
Advanced metering technologies such as smart meters generate enormous amounts of valuable energy usage data, but most utilities are not able to aggregate and analyze it effectively. GridGlo’s novel data fusion platform not only handles huge volumes of streaming energy consumption data but also uniquely combines this data with other data sources such as demographic, financial, weather and appliance data to help utility companies manage energy resources more effectively.
“South Florida is quickly becoming a key innovation hub for emerging clean and green technology companies, making Delray Beach an ideal spot for GridGlo’s new corporate headquarters,” said Isaias Sudit, founder and CEO of GridGlo. “We are particularly grateful for the interest and opportunity provided by community leaders and we look forward to building our business in Delray Beach.”
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