WeatherBill, a San Francisco-based online service that helps companies protect revenue and control costs from the impact of bad weather, has raised $12.5 million in new Series A funding. The company has now raised a total of $16.8 million. New Enterprise Associates and Index Ventures co-led the round, and were joined by Allen & Co., Atomico Investments, Sean Park and return backers First Round Capital and individual angels.
Kittu Kolluri of NEA and Neil Rimer of Index Ventures will join the WeatherBill board of directors. Also joining the board is Barney Schauble, a partner at Nephila Capital, WeatherBill's risk capacity partner. www.weatherbill.com