British Gas and AlertMe Agreed Strategic and Commercial Partnership
AlertMe has signed a commercial and strategic partnership with British Gas, one the UK’s leading utility supplier last month as it went through a second round of investing, raising a total of £15 million. British Gas has invested £5.7 million for a 15.96 percent stake in AlertMe, making it a key investor along with VantagePoint Venture Partners, Index Ventures, Good Energies and SET Venture Partners. British Gas’s stake will give them a seat on the board of AlertMe.