Aircuity Adds $1M

Newton, MA-based Aircuity, a maker of an air ventilation control system called OptiNet, has added another $1 million to its most recent equity funding round, bring the financing’s total to $3.5 million of a targeted $10 million round, according to an SEC document. The filing notes that the money comes from a total of seven investors, with one more investor being added with this additional $1 million. Aircuity reported last June that it raised $2.5 million of the round. Aircuity’s system analyzes particles in air samples to cut down on unnecessary energy used in over-ventilating commercial buildings.

Trending on Xconomy