FarmLogs Closes $10M Series B Round of Financing

FarmLogs-LogoFarmLogs, an Ann Arbor, Mich.-based agricultural tech startup, closed a $10m Series B round of financing.

Backers included existing investors Drive Capital, Huron River Ventures, and Hyde Park Venture Partners and new investors SV Angel and Sam Altman, president of Y Combinator.

The company intends to use the funds to further invest in product development for its data technologies and to expand its team.

Founded in 2011 by Jesse Vollmar and Brad Koch, FarmLogs provides user-friendly farm management software and mobile apps for farmers to plan, manage and analyze their farms’ operations. The company is an alumnus of the winter 2012 batch of Y Combinator,
FarmLogs is hiring a variety of positions, including a director of engineering (read here).

FinSMEs

17/12/2014

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