Ibis Networks provides an energy efficiency solution called InteliNetwork that collects data from over 10,000 points to monitor and control devices. It has implemented pilots in schools and hotels that achieved energy savings of $30-40 per device annually and savings to investment ratios above targets. Ibis Networks is based in Honolulu and led by CEO Michael Pfeffer with an experienced team. It projects strong revenue growth over 5 years with hardware gross margins increasing to 48% and overall net margins to 45% by 2018.