Monday, July 7, 2008

Cyber-Rain Gets More Funding

Agoura Hills-based Cyber-Rain, which develops a smart sprinkler controller system for conserving water, said Monday that it has scored new investors in a Series A financing. The firm did not disclose the size of the funding, but said the new funding was led by Funk Ventures. Other investors in the firm include Momentum Venture Management and various angel investors. Cyber-Rain develops a hardware device which replaces a standard sprinkler controller, and uses the Internet to pull weather information to adjust watering schedules. The new funding follows a seed round of funding from Momentum Venture Management in June of last year. More information »

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