San Francisco-based
Carbonflow, a developer of software used for marketplace trading of carbon credits for the clean technology industry, said that it has raised $4.2M in a series B funding round. The round was led by OVP Venture Partners, and also included @Ventures and Clean Pacific Ventures. Carbonflow develops software-as-a-service used to trade carbon credits, under the Kyoto Protocol. The firm said the new funding will go to accelerate release of new software products and services.
posted on Friday, October 29, 2010 (Link to more information)
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