Clean Urban Energy Raises $7 Million

Chicago-based Clean Urban Energy has raised $7 million for their energy-efficient office buildings. CUE claims their technology can lower a building’s energy expenses by 15-30%. The company’s funding for this round comes from Battery Ventures and Rho Ventures. Battery’s Jason Matloft and Rho’s Joshua Ruch are now joining CUE’s board of directors. [TechCrunch]

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