Hara, a provider of on-demand environmental and energy management software, secured $14m in a Series B round of funding led by JAFCO Ventures, with participation from Nth Power and existing investor Kleiner Perkins Caufield & Byers (KPCB).
The funding, which brings total investment to date in Hara to $20m, will allow the Redwood City, CA.-based company to accelerate its global go-to-market and product innovation strategies in response to growing market demand for its environmental and energy management solution.
Amit Chatterjee, CEO and co-founder of Hara was quoted as saying: “New investments from JAFCO and Nth Power, with continued support from KPCB, will enable Hara to continue to deliver customer value, maintain our rapid product innovation pace, and accelerate the global growth of our business”.
This month also marks the third release of the Hara Environmental and Energy Management (EEM), its comprehensive software-as-a-service solution, which provides rich and comprehensive functionality for organizations to manage natural resource consumption and environmental impact as an integrated business process.
FinSMEs
09/09/2009