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Farmers Edge Reels In $58 Million Funds

Thursday, January 28, 2016 5:39:00 AM PDT | VentureDeal



Winnipeg, Canada  --  Agriculture data firm Farmers Edge has landed $58 million in expansion venture funding.

Farmers Edge provides advanced agronomic data solutions to farmers to improve profitability through what it calls "precision agriculture."

Investors in the financing included Mitsui & Co., Kleiner Perkins Caufield & Byers, Avrio Capital and Osmington.

The company said it would use the funding to expand its data science team and go toward new product development and global growth initiatives.

CEO Wade Barnes has been with the firm since July, 2005.

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