Scoperta Adds $1.4M

San Diego-based Scoperta, which is developing fabless specialty steel technology utilizing scrap materials, has raised $1.4M out of a $1.875M round, according to a regulatory filing. Other details on the funding have not been released, however, the firm is backed by Enterprise Partners and Vista Ventures, and Drew Senyei of Enterprise sits on the firm's board of directors. According to the firm's filing, the funding will go towards general working capital purposes and payroll. Enterprise and Vista invested a small, $0.5M round back in 2006 in the firm. More information »