Verdiem is a technology company.
Verdiem has raised $25.0M across 3 funding rounds.
Verdiem has raised $25.0M in total across 3 funding rounds.
Verdiem was a technology company specializing in PC power management and Green IT software, primarily through its flagship product SURVEYOR, which monitored, measured, and reduced energy consumption in enterprise PC networks by up to 60% without impacting users.[1][2][4] It served large corporations, government agencies, universities, and IT departments globally, solving the problem of high energy waste and greenhouse gas emissions from idle PCs, while enabling remote management for security updates and sustainability reporting—deployed on over 1 million PCs across 400+ organizations.[3][4] Founded in 2001 and headquartered in Seattle, Verdiem raised $28.53M before being acquired (latest in Acquired - II stage), partnering with giants like Intel, Cisco, HP, and Microsoft.[1][2]
Verdiem was founded in 2001 in Seattle as a Green IT pioneer, with additional offices in the US and UK, amid rising awareness of IT energy inefficiency.[1][2][4] Key leaders included CEO Jeremy Llewellyn, with over 20 years in software including Aldus (PageMaker) and Vigor Technology (sold to Rational/IBM), and CTO Bruce Makin, focused on IT-energy innovations since 2005.[2] The idea emerged to tackle PC energy myths and waste, gaining early traction through SURVEYOR's deployment for multinational energy tracking and federal sustainability mandates, like the 2009 US Executive Order on energy performance.[4][5]
Verdiem rode the early 2000s Green IT wave, capitalizing on federal mandates (e.g., 2009 Executive Order) and corporate sustainability pushes amid climate concerns and rising energy costs.[4] Its timing aligned with PC proliferation in enterprises, where idle machines wasted massive power—Verdiem's tools influenced IT ops by proving software could deliver low-impact, high-ROI reductions, paving the way for modern sustainability platforms.[1][5] By partnering with hardware leaders, it shaped ecosystem standards for energy-efficient computing, impacting how organizations measured IT's environmental footprint.
As an acquired entity post-2012 updates, Verdiem's SURVEYOR tech likely lives on in successor solutions for evolving fleet management amid hybrid work and AI-driven data centers.[1][3] Trends like stricter ESG regulations and edge-device power demands will amplify demand for its remote-optimization model, potentially influencing next-gen tools in zero-trust sustainability. Its legacy underscores how early Green IT innovators like Verdiem set the stage for today's energy-aware tech stacks, proving software's outsized role in corporate carbon cuts.
Verdiem has raised $25.0M in total across 3 funding rounds.
Verdiem's investors include Ballistic Ventures.
Verdiem has raised $25.0M across 3 funding rounds. Most recently, it raised $5.0M Venture Round in January 2010.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2010 | $5.0M Venture Round | Ballistic Ventures | |
| Apr 1, 2008 | $12.0M Series F | Ballistic Ventures | |
| Jul 1, 2007 | $8.0M Series D | Ballistic Ventures |