Lynnwood Washington based StormSensor is raising $15,109,228.00 in New Equity Investment.
Lynnwood, WA – According to filings with the U.S. Securities and Exchange Commission, StormSensor is raising $15,109,228.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Erin Rothman played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About StormSensor
StormSensor tracks the effects of climate change to reduce the vulnerability of our communities sewage infrastructure. Wetter weather and increased frequency of large storms means cities are more vulnerable to flooding, sewage overflows, and water pollution. With StormSensor, its finally possible to adaptively plan for and manage urban flooding, greatly mitigating hazardous risks and reducing costly cleanups and property damage. With a fully scalable sensor network and real-time visibility into our sewer systems, StormSensor has changed the way cities track and manage urban flooding, ultimately saving each community millions of dollars annually. And that means we meet our bold mission of using data to build innovative, resilient communities: an urgent and necessary step in changing how we manage flooding and wastewater, an old industry that impacts literally every person on the planet.
To learn more about StormSensor, visit http://www.stormsensor.io/
Contact:
Erin Rothman, Chief Executive Officer
206-451-9443
erin@stormsensor.io
https://www.linkedin.com/in/erinrothman/
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