Project Frog, a developer of technologically-advanced component buildings, has secured $20 million in Series D funding from CCM and members of the Cleantech Syndicate, including its manager, McNally Capital, bringing its total to-date funding to about $65 million. Project Frog’s $22.4 million Series C financing in 2011 tagged the company with a $41.3 million valuation.
So far in 2013, the company has delivered more than seven times the square footage of buildings than in 2012 and continues to hire new staff, growing its headcount by 15 percent in the last quarter. Project Frog is also relocating headquarters to a significantly larger space in the South of Market neighborhood in San Francisco. The company’s ecosystem of products adapts to multiple uses, including healthcare, education and retail.