FarmLogs Nabs $10m Series B From SV Angel, Sam Altman and Others

Dec21, 2014

Nearly 12 months ago, FarmLogs announced it raised a $4 million Series A. And today the company is back with a $10 million Series B to keep pushing farming into the digital age.

The additional funding came from existing investors Drive Capital, Huron River Ventures, and Hyde Park Venture Partners. SV Angel and Sam Altman, Y Combinator’s president, also participated in the round, which brings FarmLogs’ total funding to $15 million.

Since launching and graduating from YC’s winter 2012 class, the Michigan-based company has seen tremendous growth, tripling its marketshare in the first six months of 2014. The additional funding will be used to further the company’s technology and hire the right people to scale the business….

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