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Fat Spaniel Technologies
Provider of critical monitoring and reporting services for renewable energy monitoring
About Fat Spaniel Technologies
Fat Spaniel Technologies, Inc. was established in 2003 by Christiaan Beekhuis, who served as the company's President and Chief Technology Officer. With a background in software engineering and management at companies like Silicon Graphics and eFinance Corporation, Beekhuis applied his expertise to the renewable energy sector. The company positioned itself as a provider of lifecycle management software for renewable energy assets, focusing initially on monitoring and reporting services.
The core of the business was a web-based, Software as a Service (SaaS) platform that offered remote monitoring, performance diagnostics, and reporting for renewable energy systems, including solar, wind, and later, solar hot water installations. This platform, known as the Fat Spaniel Insight Manager, allowed clients to track energy production, identify and diagnose system issues, and manage portfolios of multiple sites. The service was designed to help energy producers, project developers, system integrators, and financiers to increase energy harvest, reduce operations and maintenance costs, and improve the return on investment for their assets. The company generated revenue through annual licensing fees for its software and services.
Over the years, Fat Spaniel expanded its offerings, launching an open energy intelligence platform to allow partners to build their own applications on its infrastructure and targeting the utility-scale solar market with software for project development and plant management. After raising approximately $35.4 million in funding from investors such as Applied Ventures, Chrysalix Energy, and DFJ Element, the company underwent a significant transition. In October 2010, Fat Spaniel Technologies was acquired by Power-One, a prominent provider of power inverters. The acquisition integrated Fat Spaniel's monitoring and asset management software directly with Power-One's inverter hardware, aiming to provide a more comprehensive solution for customers in the solar energy market.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2003
- Headquarters
- San Jose, United States
- Employees
- 9
- Open positions
- None listed
- Dealroom signal
- 42.7/100
- Industry
- Energy
- Sub-industry
- Clean Energy
- Sector
- Energy, Risk Management, Solar Energy, Sustainable Development Goals, Climate Tech, Renewable Energy, Hard Tech
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2010 | $0 | — | Power-One | — |
| DEBT✓Debt | Dec 2009 | $4.6M | — | Undisclosed | — |
Growth signals
Latest recorded traffic for Fat Spaniel Technologies is 70 monthly website visits, down 46.2% over the last three months. Fat Spaniel Technologies's team declined 25% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Ignition Partners
Other known investors1 additional known investor
Power-One
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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