Technology News

Pricelock Touts $1 Billion Energy Option Milestone

Tuesday, October 30, 2012 5:14:00 AM PDT | VentureDeal

Redwood City, California  --  Online technology company Pricelock has held more than $1 billion of energy and related products auctions, according to a company announcement.

Pricelock has created a platform that enables buyers and sellers of natural gas, power, distillates, coal, natural gas storage and rail car leases to conduct auction-based transactions online.

The company officially launched in September of 2012 and counts large refiners, power generators, utilities, investment banks, transportation and other firms as participants on its platform.

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