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iControl gets $50m

Funds will speed up availability of platform, energy management apps

PALO ALTO, Calif.—IControl co-CEOs Jim Johnson and Paul Dawes said they were originally looking for a $30 million investment, but there was so much interest that they got $50 million. They even turned away some investors whose interests didn’t align with iControl’s strategy, they said.

Schneider Electric integrators gain IT credibility with Cisco certification

Cisco branding Pelco Sarix cameras

CHICAGO—The increasing demand for integrators to be able to talk the talk with IT professionals prompted Schneider Electric to pursue Cisco Video Surveillance Authorized Technology Provider status for its integrators, the company announced on Sept. 29.