Investorideas.com Marketplace Biomass News; WoodPellets.com $11 Million in Funding
Additions to Marketplace- Wood Pellet Biomass Company ,Small Wind Turbine, Profitable Water Company, Cellulosic/ BioFuel Company based in Brazil, Sustainable Fashion, Defense/Energy Efficiency Aircraft Technology
Delta B.C., September 22, 2009 - www.InvestorIdeas.com, a leading online global investor resource, with a primary focus on green and cleantech investing reports on recent developments in the biomass sector, as well as reports on recent additions to the Investorideas.com marketplace including a Wood Pellet Biomass Company, Small Wind Turbine Company, Profitable Water Company, Cellulosic/ BioFuel Company based in Brazil, Sustainable Fashion and Defense/Energy Efficiency Aircraft Technology.
As announced August 31, 2009 –
WoodPellets.com, formerly PelletSales.com, the nation's leading independent distributor and direct-to-consumer retailer of wood pellet heating fuels, today announced it has successfully completed an $11 million financing led by Monitor Clipper Partners. .406 Ventures, the lead investor in the Company’s previous financing, also participated. WoodPellets.com will use the capital to continue its rapid business expansion through a series of strategic initiatives.
The Series A lead investor, .406 Ventures, has a successful history helping to build technology-enabled businesses in emerging markets. Monitor Clipper Partners brings extensive middle-market business management and development expertise to WoodPellets.com. In connection with the investment, Adam Doctoroff will join Jon Strimling; Liam Donohue; Thad Hill, CCO of Calpine Corporation; and Ben Miller, managing director at Cummins Generator Technologies on the Company’s Board of Directors.
About WoodPellets.com WoodPellets.com, through its wide network of partners and affiliates, has rapidly become the nation's leading independent distributor and direct-to-consumer retailer of renewable heating fuels. Using a proprietary, patent-pending technology and delivery platform, WoodPellets.com is enabling fast, easy and cost-effective access to wood pellets in bagged and bulk form across the United States and Canada. The Company provides retail delivery throughout the East Coast and in selected areas of the Midwest and Pacific Northwest as well truckload delivery nationwide. WoodPellets.com has an extensive network of more than 25 manufacturing sources, 50 distribution centers and hundreds of affiliated retailers.
About Monitor Clipper Partners Monitor Clipper Partners is a Cambridge-based investment firm that currently manages over $2 billion in assets. It was formed in 1998 and makes private equity investments in middle market buyouts and later-stage growth companies. For more information, please visit www.monitorclipper.com.
About .406 Ventures .406 Ventures (".406") is a venture capital firm focused on investing in market-innovative growth technology and services companies being built by the finest entrepreneurs. .406 focuses primarily on early stage, IT and services companies in sectors where the partners have unique domain expertise, a successful track record, and established networks -- IT Security; Technology-enabled Business Services; Digital Media; IT Infrastructure; Next-Generation Enabling Technologies. More information can be found at www.406ventures.com.
Investorideas.com improved the sign- up format for accredited investors and companies seeking funding include cleantech, organics, energy, entertainment & music, tech, defense and more. Recent additions include: Wood Pellet Biomass Company, Small Wind Turbine, Profitable Water Company, Cellulosic/ BioFuel Company based in Brazil, Sustainable Fashion, and Defense/Energy Efficiency Aircraft Technology.
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