Blu Homes Inc, a prefab homebuilder based in Vallejo, California, has raised $35 million in funding. The investors in this round were not named.
VALLEJO – January 8, 2015 – Blu® Homes, Inc. (“Blu”), America’s leading premium prefab homebuilder, today announced that it has completed a $35 million round of investment lead by large institutional investors. This latest investment will enable the company to continue its rapid growth, which included doubling production in 2014.
“2014 was an extremely productive year filled with exciting milestones, from doubling production volume and opening our first display homes to launching our 2015 product line, which is more spacious, greener, healthier, smarter and less expensive than ever before,” said Bill Haney, CEO of Blu Homes. “This additional capital raise will enable us to continue our steep trajectory of aggressive growth with a focus on production volume and expansion of our existing display home program.”
For more information on Blu Homes, go to www.bluhomes.com, follow us on Facebook (www.facebook.com/bluhomes) and Twitter (@BluHomes), or email us at email@example.com.
About Blu Homes
Blu Homes (www.bluhomes.com) is the leading provider of premium prefab homes in North America. Designed in California and built in half the time of conventional custom homes, Blu homes feature soaring ceilings, walls of glass ‘letting the outdoors in’, luxury quality finishes, and integrated high performance technologies for convenient and comfortable living. Blu’s proprietary information technology enables customers to create their unique home design online in 3-D, and receive a clear, fixed price. Skilled craftsmanship and unique steel-reinforced building technology allow Blu to build beautiful, open-plan designs, ship them efficiently and complete them quickly for a simple one-stop process for its customers. Built in its 250,000-square-foot state-of-the-art manufacturing facility in Northern California, Blu’s inspired and nationally recognized products can be found from New York to the Colorado Mountains and the Pacific Coast. Visit www.bluhomes.com.