Green Wombat

Energy efficiency software may not be the sexiest of businesses but it’s starting to attract the attention of Silicon Valley venture capitalists as "green computing"  gains momentum. Case in point: Seattle-based startup Verdiem has scored $8.3 million from Kleiner Perkins Caufield & Byers and six other investors. Verdiem makes power-management software for corporate personal computer networks that lowers energy usage. That allows companies to save money, of course, but also show their green cred by reducing greenhouse gas emissions from electricity generation. Green Wombat wrote about Verdiem back in December and you can check out this post for more details on the company’s business model.