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Friday, Apr 19, 2024

Investors Rain Money On Sprinkler Company

Cyber-Rain, the manufacturer of smart sprinkler controller systems, received a round a funding from two venture capital firms, the company announced. Agoura Hills-based Cyber-Rain will use the money from Funk Ventures and Momentum Venture Management to continue growing the company. The total amount of the investment was not disclosed. The Cyber-Rain system saves money on water bills through a controller that adjusts the amount of water based on daily precipitation, temperature and humidity.

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