Friday, October 29, 2010

ClimateMinder Finds $380K

Glendale-based ClimateMinder, a developer of wireless climate monitoring systems for the agriculture market, has raised $380K, part of a $500K funding round, according to a regulatory filing from the firm today. Source of the funding was not disclosed. ClimateMinder's President is Val Babajov, who was founder of WebMessenger. Babajov is also listed as an investors in the firm. No details on the funding have been announced by the company, which is based on technology originally developed at a university in Istanbul, Turkey. More information »