Sylvan Source, water purification co., raises $1.5M bridge loan

Sylvan Source, a Sunnyvale, Calif. maker of water purification technology, has raised $1.5 million in a bridge financing as it looks to raise a second round of financing, according to VentureWire (subscription required).

The bridge financing came from an undisclosed venture capital firm.

Sylvan earlier raised $3 million in seed and first round financing from angel investors including company director Robert Frankenberg, a former executive at Novell.