weatherbill

http://www.weatherbill.com/
asr: - useful business idea, must have bought weather forecasting algorithms
- dozens of people may know/have access to these weather alogrithms and idea of linking with hedge trading in the backend
- founder resume is good: David friedberg
* Corporate Development & Business Product Manager at Google
* Late Stage Tech Investor at Concert Capital Partners
* Tech M&A at Broadview International
- Took star investors in first round (skype founder) etc..
January tech crunch story
Weather Derivatives Provider WeatherBill Takes $12.5 Million More taken $12.5 million in a round led by New Enterprise Associates and Index Ventures
Total funding for Weatherbill to date is now $16.5 million. ( so the first round was $4 million )