Monday, July 9, 2012
Cyber Rain Gets Debt Funding
Los Angeles-based Cyber Rain, the developer of smart irrigation controllers, has raised a round of debt funding, according to funder Agility Capital. Size and terms of the debt funding were not announced. Cyber Rain develops smart irrigation controllers, which use information from the internet to conserve water for property managers, schools, parks, and other large water users. According to Agility Capital, the debt facility will go to support Cyber Rain's growth.