Cleartrace’s $20 Million Funding Round

Wilson Sonsini Goodrich & Rosati advised Cleartrace on the deal.

Cleartrace, a leading carbon and energy management software company, announced that it has raised $20 million in a strategic funding round led by ClearSky with investment from Brookfield Renewable, EDF Energy North America, Tenaska, and Exelon. 

Cleartrace will use the new investment to accelerate growth for its advanced carbon and energy management platform serving real estate portfolios, financial institutions, data centers, and renewable energy suppliers. The raise follows major growth announcements from Cleartrace, including its selection to provide auditable and assurance-ready proof of decarbonization for all of Iron Mountain’s U.S. data centers, Brookfield Properties’ premier skyscraper One Manhattan West, and JPMorgan Chase’s offices.

The Wilson Sonsini team that advised Cleartrace on the transaction included: Bob O’Connor (Picture), Virginia Harris, Justin D’Aniello, David Wayne, and Karen Becker.

Involved fees earner: Justin D’Aniello – Wilson Sonsini Goodrich & Rosati; Virginia Harris – Wilson Sonsini Goodrich & Rosati; Robert O’Connor – Wilson Sonsini Goodrich & Rosati; David Wayne – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: Cleartrace;

Martina Bellini

Author: Martina Bellini