Wednesday, August 5, 2009

With Jaech in charge, Verdiem's green IT business surges

Shortly after Jeremy Jaech was tapped as CEO of Verdiem last year, the serial entrepreneur said he was excited by the opportunity to take the green IT business and "scale it."

Well, today we're getting some insights into Jaech's handy-work after nine months on the job. The 8-year-old company, which helps government entities and corporations save money and electricity by powering down computers when they are not in use, said that the software has now been installed on more than one million desktops.

It also announced that its business customer base has more than doubled in the past 12 months. One of those new customers is Cox Communications, which recently deployed Verdiem's Surveyor software on 15,000 networked computers. That has resulted in PC energy savings of 40 percent, the companies said.

Jaech has been known to build big companies before -- namely Aldus (sold to Adobe) and Visio (sold to Microsoft). In an interview with TechFlash earlier this year, Jaech said there's a lot of momentum right now behind the idea of reducing energy costs in a corporate environment.

"Whereas a couple years ago it was pretty hard to make a corporate sell of a green IT product or service, that has completely switched," he said. "Part of it is corporate responsibility, but another part of it is with the Obama administration coming in."

Verdiem has raised about $27 million from Kleiner Perkins Caufield & Byers, NCD, Phoenix Partners and others.

John Cook is co-founder of TechFlash. Follow on Twitter @johnhcook.

 


READ MORE and COMMENT, more 

No comments:

Post a Comment