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WaterSmart Software Raises $1M

[Techtaffy Newsdesk]

WaterSmart Software, a water efficiency solutions company, has closed a $1 million second round of financing led by Physic Ventures. Draper Fisher Jurvetson, Menlo Incubator and Sand Hill Angels also participated in the round.

WaterSmart provides a turnkey, cloud-based platform for water utilities to educate residential customers about their water use and make personalized recommendations on how to conserve water. WaterSmart’s services have been deployed by five California utilities.

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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of themarkets.com), and Steadfast Venture Capital.