Columbia Green raises $500K, adds employees
By Christina Williams
Editor, Sustainable Business Oregon
Vanessa Keitges, CEO of Columbia Green, has seen a three-fold growth in sales this year.
Ecoroof startup Columbia Green Technologies Inc. announced Monday it closed on a $500,000 angel investment that will allow the company to staff up in order to keep up with demand.
Columbia Green is looking at a pipeline of orders worth $3.1 million in 2011, up from about $1 million in business last year.
"We have 63 projects in the pipeline and 25 in progress right now," said Vaness Keitges, CEO of Columbia Green.
Portland-based Columbia Green sells its ecoroof kits through partners including Bridgestone Firestone, which resells the system under its own private label. Columbia Green fills all orders received through its partners.
Columbia Green hired Keven Bower, formerly of Teufel Landscape, as program manager and Tim Nash, formerly with Koch Landscape Architecture, as manager of eco-technology.
Keitges said Columbia's investors are "strategic to the stormwater and green roofing worlds that we move in."
Earlier this year, Columbia Green landed an order from Wal-Mart of British Columbia for a 100,000-square-foot ecoroof.
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