<< See All News Stories

Charleston-based Heatworks Technologies attracts $5M investment

Charleston-based Heatworks Technologies attracts $5M investment

Thad Moore
Thad Moore  Email  @thadmoore
Jun 29 2016 12:01 am

A Charleston company that has its sights on selling Internet-connected water heaters has pulled in a new investment, months after releasing its second model.

Heatworks Technologies Inc. — previously known as ISI Technology — raised $5 million in May from a single investor, according to a securities filing submitted this month.

The company, which reincorporated in Delaware last month under the new name, has expanded in recent months, with a new model of its water heater and a deal that put its products in Lowe’s stores.

View Full Article
test Recent News for Charleston County Economic Development Council CCED News Feed