Droople to raise CHF1.5 million from private investors.

Droople, a Puidoux, Switzerland-based developer of a water management technology, announced the completion of a CHF 1.5M ($1.7M) capital investment round.

The money was raised from investors including CloudBees.

Droople, founded in 2018 by Ramzi Bouzerda (CEO) and Peter Racz, develops water management technology intended to help real estate owners efficiently manage their fleet of water-driven assets and buildings.

Their tool - the Water Intelligence platform - is designed to digitize water-based assets worldwide, including sanitary ware, water treatment systems and appliances, by giving its customers real-time access to the actionable data, bringing transparency, and allowing to optimize their water and energy use.