California and Bengaluru-based Bidgely announced the closing of a $26 million round of strategic financing to bolster its UtilityAI™ platform deployed around the world.
Led by Moore Strategic Ventures, the round was also joined by Accurant International, an investment venture of Bahman Hoveida, Co-founder and ex-CEO of Open Systems International.
The funding reinforces Bidgely's expansion of AI-powered smart meter data analytics solutions to international markets, including India.