Thursday, September 18, 2008

NanoH2O Lands $15M More

Los Angeles-based NanoH2O is reporting that it has secured $15M in additional funding, for the firm's water desalination technology. According to the firm, the round came from Oak Investment Partners and Khosla Ventures. Brian Hinman of Oak has joined the firm's board of directors as part of the funding. NanoH2O is developing reverse osmosis membranes based on technology from UCLA, and is applying that technology for water desalination. The company is headed by Jeff Green, formerly a founder at Stamps.com and Archive, Inc. More information »