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Friday, Nov 22, 2024

Cyber-Rain Raises Capital

Encino-based Cyber-Rain, the developer of a smart water sprinkler control system, has raised $1.6 million in funding. According to a regulatory filing by the firm on Sept.28, the new funding is part of an ongoing $2 million fundraising effort by the firm. The source of the funding was not disclosed. Cyber-Rain has previously raised capital from Funk Ventures, Momentum Venture Management, and the Tech Coast Angels. Cyber-Rain was founded by Reza Pourzia, and is currently headed by Diana Schulz. Cyber-Rain’s water sprinkler works through the Internet to automatically adjust the amount of watering based on weather and seasonal conditions.

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