What Company Is Offering:
Cyber-Rain is an emerging leader in providing groundbreaking smart sprinkler controller systems to the residential and commercial markets.
How Much They Got From VCs:
Cyber-Rain, makers of a unique and easy-to-use smart sprinkler controller system, today announced an agreement with a group of current and new investors to provide Series A financing. The announcement comes amid soaring water prices and the need for better water conservation on the part of individuals and municipalities alike.
The investment was led by Funk Ventures of Santa Monica, CA, a venture capital firm with an exclusive focus on socially-responsible companies. Other key investors include Momentum Venture Management of Pasadena, CA and various angel investors.
More at:www.cyber-rain.com.
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