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The smart grid investing gurus at Foundation Capital and the venture firm that helped launch the likes of Cisco, Apple and Google — Sequoia Capital — have pumped more money into smart meter software maker eMeter. The 12-year-old firm, which makes software for smart meter systems, announced this morning that it has raised $12.5 million from its current investors, Foundation and Sequoia, and as well as new investor Northgate Capital.

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