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Hyderabad, Jan. 17

WaterHealth International Inc (WHI) announced the first close of its Series D funding for a total equity investment of more than $10 million. A release said two of WHI’s current investors, Dow Venture Capital and Sail Venture Partners are leading the Series D financing. “WHI expects the final close by March 2009, bringing the anticipated total of Series D equity investment to approximately $20 million,” the release added. WHI has more than 600 installatio ns of its water purification and disinfection systems in developing countries around the world. The release also said that the additional funding further strengthens WHI and will allow for accelerated growth. —

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