Monsanto Company agrees to buy VC-backed The Climate Corp. for $930 mln
Monsanto Company said Wednesday that it has inked an agreement to acquire The Climate Corp. for approximately $930 million in cash. The transaction is is expected to close in the first quarter of Monsanto’s 2014 fiscal year. Based in San Francisco, The Climate Corp. is a provider of software and insurance products that help farmers improve their operations. It is backed by Index Ventures, First Round Capital, Glynn Capital Management, New Enterprise Associates, The Founders Fund, Google Ventures, Felicis Ventures and Atomico Ventures.
2 October 2013•5 mins read
