CT puts $400K more into Trumbull startup

The state’s technology investment arm has made a $400,000 followup investment in a Trumbull firm whose specialty is tracking energy use in commercial buildings — running its equity stake close to $1 million.

Connecticut Innovations Inc., through its Connecticut Clean Tech Fund, invested in Sustainable Real Estate Solutions Inc.

Altogether, Sustainable lured $1 million in the latest investment round that also involved LaunchCapital, Advantage Capital Connecticut and individual investors.

The state’s first investment in February 2010 was for $500,000, CI said.

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SRS offers a software-as-a-service (SaaS) platform, for assessing, monitoring and managing buildings’ energy efficiency and sustainability-related risks and opportunities.

Connecticut Innovations has a seat on SRS’s board of directors.

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