HydroPoint Scores Funding from Citi Alternative Investments

Petaluma, CA, based HydroPoint Data Systems, Inc., provider of WeatherTRAK® smart water management systems, announced that it received a material investment from Sustainable Development Investments (SDI), a unit of Citi Alternative Investments, a division of Citi. This infusion of capital accelerates expansion of HydroPoint's sales and services capabilities and deployment of WeatherTRAK smart water management systems to property owners and public sector leaders who are planning economically sustainable green initiatives. As part of Citi's investment, Gisele S. Everett, a director at SDI, will join HydroPoint's board of directors. Citi's investment is in addition to HydroPoint's series C round funded earlier this year by RockPort Capital Partners, Chrysalix Energy Venture Capital, Firelake Strategic Technology Fund, Monitor Ventures and Shea Ventures.