Picarro, a Santa Clara, Calif.-based developer of instruments for measuring air quality, has raised $7m in Series D funding.
The round was led by Focus Ventures, with participation from DAG Ventures, NTT Electronics and Mingxin China Growht Fund.
The company intends to use the funding to expand globally within the commercial and industrial emissions sector through continued innovation and expanded sales and marketing programs.
Led by Michael Woelk, CEO, Picarro manufactures instruments for greenhouse gas and stable isotope applications. The company’s technology enables government agencies, regulators, commercial and industrial customers, and the scientific community to monitor and measure industrial pollution, greenhouse gas emissions and natural gas leaks.
FinSMEs
25/07/2012