News: Portfolio 2006

The Conservation Fund's Natural Capital Investment Fund Leads $1 Million Venture Capital Investment in ImageTree Corporation

(continued)

 

Conservation organizations are involved in most major transactions involving forested environments. They require detailed information on the attributes of the forest to determine the best means of managing and conserving resources. ImageTree utilizes remote sensing technologies such as LiDAR (Light Detection and Ranging) automated feature extraction tools and probabilistic sampling methods to analyze the tree species, animal habitats, potential volume of timber and a host of other forest attributes so that owners and managers can make informed strategic and operational decisions.

 

"With millions of acres of forestland slated for sale, America's forest products industry is experiencing a sea of change," said Marten Jenkins, NCIF's executive director. "We are confident that an investment in ImageTree can help The Conservation Fund and its partners unlock the wealth of knowledge contained in our nation's forests by providing tools that will enable the Fund to advance balanced conservation solutions that integrate environmental protection and economic development in West Virginia and across the nation."

 

ImageTree will leverage NCIF's capital investment with funds provided by new investor West Virginia Jobs Investment Trust and founding investor PA Early Stage Partners.

 

About ImageTree

ImageTree™ is a forest inventory and analysis provider for owners, managers and stewards of working and protected forests who need the most accurate and complete information on the forests they manage. Learn how Your Forest Speaks Volumes™ by visiting ImageTree at http://www.imagetreecorp.com.

Page: 1 2 3 4