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CarbonFlow Clears Series A Venture Capital Funding

Monday, November 10, 2008 5:53:00 AM PDT | VentureDeal Staff

San Francisco, California  --  Software company CarbonFlow has raised its first round in funding from a syndicate of venture capital firms.

CarbonFlow has developed software for carbon market participants that lowers administrative costs and adds market participant credibility that it says results in higher carbon credit prices.

Investors in the round were Clean Pacific Ventures, OVP Venture Partners, @Ventures and others. The company said it would use the funding to speed commercialization of its products.

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