Brammo raises another $4.5 million
By Matthew Kish
Brammo's latest round could be part of a total $45 million funding effort.
The southern Oregon electric motorcycle company Brammo Inc. has raised another $4.5 million in equity funding, according to a filing with the Securities and Exchange Commission.
Five individuals invested in the round, according to the filing.
CEO Craig Bramscher was in a meeting and not available for immediate comment about the new funding.
Brammo is one of Oregon's most promising young companies.
Last year Brammo closed on a $13 million investment, the first part of what is expected to be a $45 million series C funding round. It's unclear if the $4.5 million round disclosed Tuesday is part of the series C round.
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