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Bill Gates, Khosla Ventures Invest $8M In Varentec

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Varentec

Varentec, a provider of power control solutions for the electric grid, has closed $8 million in Series B funding from Bill Gates and Khosla Ventures.

The capital will fund the production rollout of Varentec’s intelligent power monitoring, control, and data analytics solutions for US and international electric utilities and for various industrial applications, says the company.

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