The Silicon Valley Company formed by Apple alums Tony Fadell and Matt Rogers, WHO helped build the Consumer gadget giant's iPod and iPhones, Facing Boston-based startup Acquired MyEnergy. The Fledgling Company helps homeowners understand theire total energy use by presenting and Analyzing all theire electric, gas and water usage over my Certain periods, and comparing it to Other Other homes in the Neighborhood.
MyEnergy, qual been working with utility faces Minnesota Valley Electric Cooperative, Will Nest in its me say help push form Partnerships with other Utility Companies to get the power-saving "Nest" thermostat into more U.S. Households.
Recently Nest teamed up with six utilities to provid Consumer INCENTIVES for the use of its me thermostats.
The ACQUISITION - Deal Terms Were not disclosed - Would Nest's services to help utilities by GIVING say an effective way to share data with customersâ, Nest said.
Also MyEnergy Will Likely Nest's help beef up energy monitoring tools.
Nest - Which attracted Funding from venture capital firms including Kleiner Perkins, Lightspeed Venture Partners, and Shasta Ventures - does not provid any sales figures for its me but Chief Executive Tony Fadell thermostats Hadd Told Reuters last month the Company is "blowing through all of our forecasts.