Farmers Business Network (FBN), a San Carlos, CA-based trusted farmer-to-farmer information network, closed $15m funding round.
The round was led by Google Ventures, with participation from Kleiner Perkins Caufield & Byers and DBL Investors. In conjunction with the funding, Google Ventures General Partner Andy Wheeler will join FBN’s Board of Directors.
The company, which has now raised $28m in total, intends to use the funds to grow its platform nationally.
Led by Amol Deshpande (CEO) and Baron (VP of Product), FBN is an independent network that connects farmers to share knowledge and receive yield benchmarking, real world product performance analysis and agronomic analytics based on real world data from the FBN community. The platform can integrate over 35 different formats of farm data, clean and standardize it, then network thousands of fields together.
The company also has a Midwestern Headquarters in Davenport, Iowa and an office in Sioux Falls, South Dakota.
FinSMEs
19/05/2015