Tech Company Financing Transactions

The Climate Corporation Funding Round

The Climate Corporation, based in San Francisco, secured $42 million from Allen & Company, Atomico Ventures and First Round Capital.

Transaction Overview

Company Name
The Climate Corporation
Announced On
2/28/2011
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Series B
Investors

Allen & Company

Atomico Ventures

First Round Capital

GV (William Maris)

Index Ventures (Neil Rimer)

Khosla Ventures (Vinod Khosla)

New Enterprise Associates (Krishna Kolluri)

Proceeds Purpose
The capital will support WeatherBill's aggressive product and sales expansion in the U.S. and internationally.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
201 Third Street 1100
San Francisco, CA 94103
USA
Phone
(415) 363-0500
Website
www.climate.com
Email Address
[email protected]
Overview
The Climate Corporation is the first service to provide affordable and easy-to-use weather coverage to protect revenue and control costs for the millions of businesses impacted by the weather.
Profile
The Climate Corporation LinkedIn Company Profile
Social Media
The Climate Corporation Company Twitter Account
Company News
The Climate Corporation News
Facebook
The Climate Corporation on Facebook
YouTube
The Climate Corporation on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Stern
  Michael Stern LinkedIn Profile  Michael Stern Twitter Account  Michael Stern News  Michael Stern on Facebook
Chief Technical Officer
Mark Young
  Mark Young LinkedIn Profile  Mark Young Twitter Account  Mark Young News  Mark Young on Facebook
VP - Engineering
Brian Zimmer
  Brian Zimmer LinkedIn Profile  Brian Zimmer Twitter Account  Brian Zimmer News  Brian Zimmer on Facebook
VP - Marketing
Anthony Osborne
  Anthony Osborne LinkedIn Profile  Anthony Osborne Twitter Account  Anthony Osborne News  Anthony Osborne on Facebook
VP - Operations
Tjarko Leifer
  Tjarko Leifer LinkedIn Profile  Tjarko Leifer Twitter Account  Tjarko Leifer News  Tjarko Leifer on Facebook
VP - Product Management
Jim Ethington
  Jim Ethington LinkedIn Profile  Jim Ethington Twitter Account  Jim Ethington News  Jim Ethington on Facebook
VP - Sales
Jeff Mize
  Jeff Mize LinkedIn Profile  Jeff Mize Twitter Account  Jeff Mize News  Jeff Mize on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/28/2011: MindMixer venture capital transaction
Next: 2/28/2011: DynamicOps venture capital transaction

 

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