Startup: Cash for Clear Water

Clean water startups in Washington state are getting more investment. Last week it was water purification startup HaloSource, which raised $15 million. Today water treatment company Clear Water Compliance Services says it has raised $25 million from Plainfield Asset Management.

The startup based in Lynwood, Washington, treats water at construction and industrial sites. Seattle PI’s John Cook wrote about the funding this morning, and we just confirmed it via a phone call with Clear Water’s CEO Thomas Leggiere.

Water purification and management startups are an underfunded clean tech sector. (You probably noticed our lack of stories in that category.) IBM’s Drew Clark called it a “sleeper area” for venture investing. We’re chatting with Leggiere at greater length this afternoon and we’ll add more details then.

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