Friday, October 29, 2010

Carbonflow Gets $4.2M

San Francisco-based Carbonflow, a developer of software used for marketplace trading of carbon credits for the clean technology industry, said that it has raised $4.2M in a series B funding round. The round was led by OVP Venture Partners, and also included @Ventures and Clean Pacific Ventures. Carbonflow develops software-as-a-service used to trade carbon credits, under the Kyoto Protocol. The firm said the new funding will go to accelerate release of new software products and services. More information »