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§ Private Profile · Encino, CA, USA
Develops cloud-based smart irrigation control systems for residential and commercial landscaping, focused on water conservation.
Based in Encino, California, Cyber-Rain develops cloud-based and network-connected smart irrigation control systems tailored specifically for residential and commercial landscaping applications. The company provides integrated hardware and software solutions that automatically adjust daily watering schedules based on real-time weather conditions and seasonal environmental factors. Operating with a workforce of fewer than 25 employees and generating under $5 million in estimated annual revenue, the enterprise enables property owners to reduce water consumption and save up to 40% on utility costs. To support its technology development and market expansion under chief executive officer Diana Schulz, the provider secured $4.4 million in total venture capital funding. This financial backing came from a syndicate of institutional investors and angel groups, specifically including Funk Ventures, Momentum Venture Management, and Tech Coast Angels. Cyber-Rain was originally founded in 2005 by entrepreneur Reza Pourzia.
Cyber-Rain has raised $1.8M across 1 funding round.
Cyber-Rain has raised $1.8M in total across 1 funding round.
Cyber-Rain has raised $1.8M in total across 1 funding round.
Cyber-Rain's investors include Adam Claypool, Athenian Venture Partners, Funk Ventures, Momentum Venture Management.
Cyber-Rain has raised $1.8M across 1 funding round. Most recently, it raised $1.8M Series B in October 2010.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 11, 2010 | $1.8M Series B | Adam Claypool | Athenian Venture Partners, Funk Ventures, Momentum Venture Management | Announced |