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Home > Company Index > Utilities > Independent Power Producers & Marketers > Cadence Network Inc.

Cadence Network Inc.
 PROFILE
Cadence Network helps companies get into the beat of sound energy management. The company works to reduce energy costs and other facility operating expenses for national chains such as retail stores, restaurants, and hotels; major customers include Blockbuster, Burger King, and Motel 6. Through its Web portal, Cadence consolidates bills for a customer's various sites and helps monitor and analyze energy usage. Services include bill auditing, identifying energy-wasting practices, and finding low electricity and gas rates. Cadence was formed in 1997 by utilities Cinergy, Florida Progress, and New Century Energies (now Xcel Energy); other investors include Insight Capital Partners and Michael Dell's MSD Capital.

 DEALS
Deal: Cadence Receives New Funding
Date Announced: 07.02.01
Value of transaction (US $Mil): Not Disclosed
Description: Hosted software developer receives undisclosed amount of funding from Cinergy Ventures and Insight Capital Partners.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 0.00

 KEY PEOPLE
• Madeleine W. Ludlow
    CEO
• Pete McKnight
    CFO

 CONTACT INFO
105 E. Fourth St., Ste. 250
Cincinnati, OH 45202
US
Phone: 513-763-3100
Fax: 513-763-3437
Online: Web Site

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