Clear Standards get $4M for Emissions Management Software

Clear Standards, a developer of enterprise software for tracking greenhouse-gas emissions, water and energy use, and energy efficiency, has raised $4 million in Series A funding from the venture capital firms Novak Biddle Venture Partners and Kinetic Ventures. Novak Biddle also provided seed funding for the Sterling, Va.-based company last year. With new carbon regulations on the post-inauguration horizon, pressure for companies to get ahead on their environmental impacts has increased. That’s why public carbon markets saw their worth triple in 2006 and are forecast by the World Bank to do so again by 2015.

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