# GreenBytes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/greenbytes

- Industry: Software
- Headquarters: US
- Website: www.getgreenbytes.com
- Total disclosed funding: $32M
- Latest round: Series C (Apr 3, 2013)
- Investors on record: 2

## About

GreenBytes, Inc. is a sustainability-focused technology company that provides innovative data analytics and cloud solutions to help organizations optimize resource management and diminish their carbon footprints.Founded in 2007 in the US, GreenBytes, Inc. specializes in environmental sustainability through advanced analytics. In May 2014, the company was acquired by Oracle Corporation. GreenBytes has completed 6 deals overall, with the latest funding round being a Series C that raised USD 7.00 mn from investors including Battery Ventures and Generation Investment Management, equating the total amount raised to USD 7.00 mn.GreenBytes specializes in providing innovative solutions aimed at enhancing environmental sustainability through its core product offerings. The company's primary focus is on advanced data analytics and cloud-based services that help businesses optimize their resource management and reduce carbon footprints. These services cater to a diverse clientele that includes corporations, governmental entities, and non-profit organizations seeking to implement eco-friendly practices and improve efficiency. The flagship offering is designed to facilitate real-time monitoring of energy consumption and waste management, enabling end users to identify inefficiencies and implement corrective measures. GreenBytes operates in key geographical markets, including North America, Europe, and parts of Asia, where there is a growing demand for sustainable practices and compliance with environmental regulations.GreenBytes generates revenue through a subscription-based model for its software solutions, enabling clients to access its proprietary analytics platform and tools. Transactions typically occur on an annual or monthly subscription basis, allowing businesses to scale their usage according to need. The company also engages in partnerships with organizations looking to integrate GreenBytes' solutions into their operations, driving further revenue streams through collaborative initiatives. Pricing plans are structured to accommodate various business sizes, ensuring that both small enterprises and large corporations can benefit from their services. Additionally, GreenBytes may offer tiered pricing based on the features utilized, with specific emphasis on its trademarked analytics tools that enhance operational efficiencies.GreenBytes is focused on launching new products designed to enhance resource optimization and sustainability, with specific release dates to be announced. The company is also planning expansion into additional markets across Asia and Europe by the end of 2025. The recent funding raised will support these initiatives, particularly in developing new technological solutions and enhancing market penetration.

## Funding rounds

- Series C, Apr 3, 2013, $7M — Battery Ventures, Generation Investment Management
- Series B, May 29, 2012, $12M — Battery Ventures, Generation Investment Management
- Series A, Apr 14, 2011, $1M — Battery Ventures
- Series A, Sep 16, 2010, $3.5M — Battery Ventures
- Series A, Sep 14, 2009, $8M — Battery Ventures

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A, Series B, Series C
- Generation Investment Management (https://capitalatlas.ai/funds/generation-investment-management) — Series B, Series C