Tuesday, December 19, 2006

WaterHealth International Closes Series C

Lake Forest-based WaterHealth International said today that it has closed its Series C funding, adding $4M to the round. The latest investment was led by SAIL Venture Partners, and also included Plebys International LLC. The investment brings its total raised in its Series C to more than $11M. WaterHealth develops water purification and disinfection systems in developing countries. The funding will be used to accelerate the growth of the firm's target markets, which include India, South Asia, West Africa, the Phillipines, and Mexico. WaterHealth most recently received $7.25M in a venture round from Dow Venture Capital in October. More information »