Green Builder Blu Raises $7 million

May 14, 2010

Green builder Blu Homes Inc., a Waltham company that specializes in building green homes, said it has raised more than $7 million from private investors.

"The funds will be used primarily to support new product development, R&D, and sales and marketing," the company said in a press release.

Blu said its buildings comes in a variety of models, sizes and floor plans, all allowing for interactive customer design involvement. Blu said its homes feature a combination of "healthy, cool, and green features designed to create a healthy living environment with a reduced carbon footprint."

The rendering of a Blu house that appears with this post was taken from the company's website.

Read the full article here.