Friday, November 7, 2008

CarbonFlow Scores Funding For Carbon Offset Trading

San Francisco-based CarbonFlow, which develops software for managing carbon trading markets, has scored new funding from @Ventures, @Ventures said Friday morning. Amount of the new investment was not disclosed. According to @Ventures, it invested in CarbonFlow's first round of venture capital funding, which also included Clean Pacific Ventures, OVP Venture Partners, and Meridian Energy Ltd. @Ventures said that CarbonFlow will use the new funding to speed commercialization of its products, which are used for carbon offset trading markets. More information »