Jackson, Miss.
SmartSynch is making electric meters smarter and cheaper, using public cellular networks and commodity chipsets instead of costly, proprietary technologies. By teaming with AT&T (T)—and its huge salesforce—SmartSynch is delivering power management and billing services to utilities, big commercial customers, and even an Indian tribe's wild-west theme park.
Key investors: Credit Suisse, Battelle Ventures, Beacon Group, JP Morgan Partners, Nth Power, Siemens Venture Capital, and Duke Venture