Carbon management software maker snags $5 million

Carbonetworks, which sells software for providing better visibility into managing your company's carbon impact, has closed $5 million in Series A funding from NGEN Partners.The company, which is based in Victoria, B.

Carbonetworks, which sells software for providing better visibility into managing your company's carbon impact, has closed $5 million in Series A funding from NGEN Partners.

The company, which is based in Victoria, B.C., will use the money to expand its operations. I blogged about Carbonetworks' software and services a bit earlier this year.