Israel’s Al Gore-funded GreenRoad seeks to cut emissions, bills

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April 26 (Bloomberg) — GreenRoad Technologies Inc., the Israeli startup whose energy-saving technology caught the attention of Al Gore, expects revenue to increase as companies seek to reduce greenhouse-gas emissions and costs.

Sales are “strong” in the U.S. and Europe, its biggest markets, Chief Executive Officer Dan Steere said in a telephone interview from Spain. In February, the company got $10 million in funds from former U.S. Vice President Gore’s Generation Investment Management LLP, an investor in businesses that “help solve the climate crisis,” according to its Web site.

Full story: Israel’s Al Gore-Funded GreenRoad Seeks to Cut Emissions, Bills – BusinessWeek