Time to catch up on recent headlines from Wisconsin’s innovation community:
—Understory, a Madison-based startup that tracks weather via networks of solar-powered sensors, said it reeled in a $7.5 million investment led by local venture firm 4490 Ventures. Other investors in the deal included the Rise of the Rest Seed Fund, a fund launched by AOL co-founder Steve Case and his Washington, DC-based investment firm Revolution to back startups located outside of the coastal tech hubs. The investment appears to be an expansion of financing that Understory disclosed in an SEC filing last month.
Understory said it… Read more »
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