Maura McCarthy, co-owner of Blu Homes, has announced another round of funding to be used to build model homes in targeted areas where Blu Homes is growing in popularity. After all the things I’ve written about them, they are finally, in my humble opinion, starting to show some corporate maturity in their marketing efforts.
Hopefully they will build a model in Hartford County, MD or in the Leesburg, VA area so that I can visit it and enjoy some wine and cheese.
Here is a link to their website explaining the network of model homes to soon be sprouting up in a city near you: CLICK HERE
Today’s Wall Street Journal had this to say about Blu Homes’ funding efforts.
Blu Homes to Build Sales With Fresh Funding
WSJ, 6/25/13
Blu Homes, a maker of pre-fabricated eco-friendly houses,
has raised a fresh $65 million equity round in the form of common shares,
continuing a practice that has brought its total investment to $130 million in
all-common shares, Chief Executive Bill Haney told VentureWire. The company,
started by Mr. Haney and Maura McCarthy in 2008, was valued at $400 million
post-money with the latest round, said Mr. Haney. This, he said, is likely to
be the company’s last round as a privately held company.
