Carbonflow, a developer of software applications for carbon reduction projects, has closed a $4.2 million second round of funding. The round was led by existing investor OVP Venture Partners with participation from Clean Pacific Ventures and @Ventures.
The San Francisco-based company plans to use this latest funding to expand sales around the world and release new products. Carbonflow customers use the browser-based project dashboard to manage carbon trading projects across multiple stakeholders.
Founded in 2006, the company previously raised $3.9 million in 2008.
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