News Brief
Sunny Days For WeatherBug's Funding
Apr 29, 2004, 12:00 AM
WeatherBug's parent company, AWS Convergence Technologies, has secured $23 million in financing. The investment round included Sequoia Capital and Polaris Ventures, both new investors, as well as HarbourVest, the lead in the company's initial financing. Over the past four years, AWS has posted total revenue growth of more than 380% with substantial profit growth. The financing announcement comes on the heels of a significant new partnership with AOL Instant Messenger to launch an integrated service, which was announced last week.
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