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Telecoms group Telus invests in Vigilent through corporate VC arm

4 Jun 2013

canada_maple_leaf_170sqTelus Ventures, the strategic venture investment arm of Canadian telecommunications business Telus, has invested in Silicon Valley energy management business Vigilent.

Vigilent creates management systems for cooling buildings with electronic equipment that gives off a lot of heat such as data centres, telecommunications switches, and large commercial buildings.

The backing by Telus comes after the deployment of Vigilent’s systems in three of Telus’s data centres.

“We are proud to be offered the chance to work with Telus to improve the energy efficiency and reliability of one of the best telecommunications networks in the world,” said Mark Housley, Vigilent CEO.

“Our close collaboration with Telus over the last year has delivered impressive results and we are enthusiastic about how our joint efforts will make for a more sustainable planet, while also delivering immediate reductions in energy costs and significant mitigation of cooling-related risk.”

Established in 2004, Vigilent uses artificial intelligence and wireless technology to deliver advanced data center infrastructure management technologies.

“We feel that this is a very wise investment for our company,’ said Mathew George, vice-president of Telus Ventures.

“We look for investment opportunities with companies that have both a strong earning potential and are focused on an area of interest for Telus – and this one definitely fits the bill.

2Not only does Vigilent align with our next-generation cloud computing strategy, it also supports our commitment to being a leading corporate citizen and our climate change strategy.”

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