Monday, August 29, 2005

Sensicore announces $12M Series C

In water technology news, Sensicore has announced the close of a $12M Series C round. Sensicore has water sensor technology which allows them to monitor a wide range of contaminants and conditions, all on a single chip. Eventually, the company plans to enable their devices to work remotely, and will evolve into more of a broader water information play. It's an intriguing approach that reflects the general merging of sensors, communications and IT systems in a number of clean technology areas.

Ardesta, Firelake Capital, NGEN Partners, Topspin Partners, and Technology Partners participated in the round. All were existing investors from the company's last round back in 2003.


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