In the News

Project Frog leaps ahead with $5.2M for greener school buildings

Date: 01/19/2010

Company: Project FROG

Source: Venture Beat

Pre-fabricated buildings have come a long way. Far from shoddy double-wides delivered by flat-bed trucks, they have become the hallmark of the green building movement, tricked out with natural lighting, ventilation and organic materials. One company, Project Frog, is wagering that — in addition to being eco-friendly — these buildings can actually improve student performance in schools. And it just raised more money to prove its point.

According to a filing with the SEC, the San Francisco-based construction company has brought in $5.2 million of an expected $5.5 million round of debt financing and convertible promissory notes. This is the second time it has raised money in its three year history, having brought in $8 million from RockPort Capital Partners in November 2008. Project Frog did not respond to calls about the source of its newest funding or how it will be used.

Read full story at Venture Beat

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