FarmLogs Gets $4 Million to Help Modernize Agriculture

Seeing an opportunity in the largely analog world of agriculture, investors have sunk $4 million into FarmLogs, a startup that brings real-time data to farming.

The Series A round, led by Drive Capital, brings FarmLogs' total funding to $5 million. Since launching in 2011, the the Ann Arbor, Mich.-based Y Combinator alum has been adopted in 5% of row-crop farms in the U.S., according to the company

FarmLogs' software gives farmers data about their crop progress, weather, crop markets and other relevant news. The platform also lets them track their activities and expenses. The idea is to bring big data tools to the profession. There is a mobile component as well: A GPS-enabled mobile app can help farmers record the latest activity in the field Read more...