Copper Labs raises Series A, plans to double team

BOULDER — Flush with $5.5 million in Series A funding, Copper Labs Inc., a startup developing real-time utility-monitoring devices, plans to double its team as the company prepares to bring its next-generation product to market. 

Copper Labs’ team of nine — most of whom work in Boulder — has spent years focused on research and development “and didn’t have to have a big go-to-market team,” Copper Labs’ CEO Dan Forman told BizWest. “Now that we’ve got the right product at the right time, we’re ready to pour on and double our team across sales, marketing and product [development divisions] this year…