Friday, March 2, 2012
Cyber Rain Finds New CEO
Los Angeles-based Cyber Rain, the venture backed developer of smart irrigation controllers, has tapped an entrepreneur known for making waterless urinals ubiquitous in the US and around the world, as its new CEO. The firm has named James Krug, former founder and CEO of Falcon Waterfree Technologies, to head up the company's smart irrigation controller business. Krug has also previously served at Paramount Pictures and the Walt Disney Company, among other companies. Cyber-Rain's smart controllers connect to the Internet to adjust watering cycles, saving money and water by tailoring water schedules to rainfall and weather. The company is venture backed by Athenian Venture Partners, DeWaay Investment Partners, Funk Ventures, Momentum Venture Management, and the Tech Coast Angels.