ABB and Emerald Technology Ventures invest in TaKaDu

The well-regarded tech blog, Gigaom reported today that the Swiss power giant ABB just made an investment in an Israeli water data startup called TaKaDu.

TaKaDu sells water utilities a software-as-a-service tool that crunches all sorts of water-related data like sensor data (from the utilities’ water network), location data, and weather data, and helps utilities cut down on water losses. The software can also help utilities detect real-time problems like leaks, security problems and other inefficiencies in their water networks.

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