Tuesday, June 8, 2010

Irrigation Water Technologies America Raises $2.1M

Longmont, Colorado-based Irrigation Water Technologies America, a developer of capillary water irrigation systems, has raised $2.1M in an equity funding round, according to a recent regulatory filing by the firm. Source of the funding and details were not announced by the company. Irrigation Water Technologies develops a watering system which uses capillary action to water turf, gardens, and trees, which it says uses less water than sprinklers. The firm is targeting the commercial irrigation market. More information »