A Cleantech Startup Looks to Raise $1.2M for the Greening of Hospitality Industry

One of our recent investments:

“Although we typically do not invest in early stage companies, it was an easy choice to invest in the management at rapidly growing EESG,” Longboard managing partner Brett Conrad wrote in an e-mail to me last night. “We felt like our investment risk was further reduced by management’s deep experience and relationships in hotel and resort management around the world. Because Longboard Capital Advisors focuses on clean tech investing, we are particularly excited by EESG reducing their customer’s carbon output while at the same time while achieving extraordinary ROI’s by significantly reducing energy costs from power hungry air conditioners, elevators and escalators.”

http://www.xconomy.com/san-diego/2009/11/06/a-cleantech-startup-looks-to-raise-1-2m-for-the-greening-of-hospitality-industry/