Tech Company Financing Transactions

WaterBit Funding Round

WaterBit, operating out of San Jose, raised $11.4 million from New Enterprise Associates, Heuristic Capital Partners and private investors.

Transaction Overview

Company Name
Announced On
6/27/2018
Transaction Type
Venture Equity
Amount
$11,400,000
Round
Series A
Investors
Proceeds Purpose
The investment enables WaterBit to continue to accelerate its product development of automated irrigation solutions with the goal of fully autonomous irrigation, expand sales and marketing efforts as well as progress towards its objective of enabling growers to maximize the use of their scarce resources and increase yields.

Company Information

Company Status
Private & Independent
Industry
AgTech
Mailing Address
5870 Hellyer Ave.
San Jose, CA 95138
USA
Email Address
Overview
At WaterBit, a precision ag irrigation company, we want to make a real difference by solving grower problems. Our innovative solutions set the standard for quality, reliability, ease of use and total cost of ownership. We believe in treating our customers, partners and suppliers with honesty and integrity in everything we do.
Profile
WaterBit LinkedIn Company Profile
Social Media
WaterBit Company Twitter Account
Company News
WaterBit News
Facebook
WaterBit on Facebook
YouTube
WaterBit on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andrew Wright
  Andrew Wright LinkedIn Profile  Andrew Wright Twitter Account  Andrew Wright News  Andrew Wright on Facebook


 

 

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Prev: 6/27/2018: HONK Technologies venture capital transaction
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