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  • Independence Equity Management Announces Investment in Intellihot Green Technologies
  • March 19, 2012
  • Intellihot designs and manufactures Energy Efficient, Tankless, Water Heaters.

    Independence Equity I LP, an early-stage venture fund, announces an investment in Intellihot Green Technologies, Inc (IGT). IGT's tankless water heater reduces water and energy waste and reduces installation and operating costs.

    With conventional water heaters, a substantial amount of water is wasted after a user opens the tap and awaits the arrival of hot water; the IGT design can provide instant hot water, reducing water wasted when people run their faucets excessively before use.

    IGT...
  • View more at: http://www.1888pressrelease.com/independence-equity-management-announces-investment-in-intel-pr-383246.html