Tendril Selected as 2011 Technology Pioneer by World Economic Forum
September 1, 2010
Boulder, CO – September 1, 2010 – The World Economic Forum has recognized Tendril as one of the most innovative technology start-ups in the world. Earlier today, the Forum announced the new class of Technology Pioneers, a select group of companies from 13 countries and five continents which represent the cutting edge of innovation and are poised to have a critical impact on the future of business, industry and society.
The Technology Pioneers Community is composed of companies from around the world that develop and apply the most transformational technologies. Tendril was selected for the development of its energy management platform that helps utilities and consumers manage their energy usage, save money, and help reduce the negative environmental impacts of energy production and use.
“It doesn’t matter what side of the political spectrum you sit. Becoming more energy efficient as a society is an important driver for positive change. It drives jobs, it drives better environmental policy, and it drives energy independence – and those things together create meaning for a better society,” said Tendril CEO Adrian Tuck.
This year, the Forum identified the increasing importance of finding clean and green solutions to meet the world’s energy and consumer needs. This was reflected both in the number of candidacies received in the clean tech sector and in the final number selected in that category – a record 13 of the total 31 companies selected as Technology Pioneers this year.
“The World Economic Forum is proud to recognize an outstanding group of innovative companies as Technology Pioneers for 2011,” said André Schneider, Managing Director and Chief Operating Officer of the World Economic Forum. “Their technologies and business models will have a durable and valuable effect in several industries and society as a whole. We look forward to their unique contributions to the mission of the Forum: improving the state of the world.”
To watch a brief interview with Tendril CEO Adrian Tuck, click here. A full list of the Technology Pioneers and the World Economic Forum’s official press release can be found here. .
About the World Economic Forum
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas. Incorporated as a foundation in 1971, and headquartered in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests (http://www.weforum.org).
About Tendril
Tendril is a leading energy management technology provider that brings unprecedented insight and control to the Smart Grid. The Tendril platform provides an open, secure and scalable end-to-end solution that creates a two-way dialogue between energy providers and their customers. The platform includes both utility and in-home products and applications, and integrates seamlessly with existing back office applications and network infrastructure. Through the 20 Smart Grid pilot programs the company has secured this year alone, Tendril will provide products and services to utilities and their customers in 14 states throughout the country. Tendril is venture backed by VantagePoint Venture Partners, Good Energies, RRE Ventures, Vista Ventures, GE and Appian Ventures. For more information, please visit www.tendrilinc.com.