Hara Raises Series B Funding to Meet Accelerating Global Market Opportunity

JAFCO Ventures and Nth Power Join Kleiner Perkins Caufield & Byers in $14M Round
of New Investment in Hara

Commitment to Product Innovation Continues with Fall 2009 Release of Hara
Environment and Energy Management
REDWOOD CITY, Calif.--(Business Wire)--
Hara, the fastest growing provider of on-demand environmental and energy
management software, today announced it has secured $14 Million in Series B
funding. JAFCO Ventures led the round, bringing deep experience and strong
relationships in the Asian markets, with participation from Nth Power, focused
on the growing sector of energy technology, and existing investor Kleiner
Perkins Caufield & Byers (KPCB). The funding, which brings total investment to
date in Hara to $20 Million, will allow Hara to accelerate its global
go-to-market and product innovation strategies in response to growing market
demand for its environmental and energy management solution.

"We have been very impressed with the team at Hara and the amount of success
that they have demonstrated in a very short period of time," said Tom Mawhinney,
General Partner with JAFCO Ventures and new member of Hara`s board. "Our market
research indicates that the Hara solution and core competencies are highly
relevant in global markets, and we are confident we can help the company as it
expands beyond North America and into the Asia markets."

"Hara offers a unique solution that provides enterprises a holistic way of
prioritizing and implementing energy and natural resource conservation
strategies," said Rodrigo Prudencio, Partner, Nth Power. "Having invested in
leading energy technologies for more than ten years, Nth Power believes Hara
stands ready to enable a new business process that will become standard in
energy and resource intensive organizations around the world."

In keeping with Hara`s commitment to rapid product innovation, this month also
marks the latest and third release of Hara`s flagship on-demand solution, the
Hara Environmental and Energy Management (EEM) Fall 2009 Release. The new
release provides rich and comprehensive functionality for organizations to
manage energy and natural resources as an integrated, end-to-end business
process. The solution also helps organizations share and leverage best practices
across stakeholders, and enables companies across the value chain to adhere to
Walmart`s recently introduced supplier sustainability standards.

"Hara`s vision and solution footprint extends far beyond carbon accounting,
enabling companies to holistically monitor and manage their natural resource
consumption and environmental impact. The company has exceeded our expectations
to date, with overwhelmingly positive response from customers and the broader
market," said Ted Schlein, Managing Partner, KPCB. "We firmly believe that Hara
will continue to lead the pack in the environmental and energy management
space."

"Hara is seeing strong and accelerating market demand for environmental and
energy management solutions, across industries and geographies," said Amit
Chatterjee, CEO and co-founder of Hara. "New investments from JAFCO and Nth
Power, with continued support from KPCB, will enable Hara to continue to deliver
customer value, maintain our rapid product innovation pace, and accelerate the
global growth of our business."

About Hara EEM

HaraTM Environmental and Energy Management (Hara EEM), a comprehensive
software-as-a-service solution, enables organizations to holistically monitor
and manage their natural resource consumption and environmental impact. Hara EEM
enables organizations to identify and implement sustainable initiatives across
organizational and value chain stakeholders. Fortune 500 companies such as The
Coca-Cola Company and government organizations such as the City of Palo Alto are
using Hara EEM to identify millions of dollars in savings from energy, water and
waste abatement strategies while reducing their carbon emissions.

About Hara

Hara helps organizations grow and profit while optimizing natural resource
consumption and minimizing environmental impact. The Hara Environmental and
Energy Management solution gives customers auditable transparency and control of
their organizational metabolism - the collective resources consumed and expended
by an organization - including energy, water, waste, carbon and other resources.
Leading organizations use Hara solutions to manage their environmental record
and leverage best practices in order to improve their operational efficiency,
maximize shareholder value and manage risks. Hara was initially funded in 2008
by Kleiner Perkins Caufield & Byers. For more information, please visit
http://www.hara.com/.

About Kleiner Perkins Caufield & Byers

Since its founding in 1972, Kleiner Perkins Caufield & Byers has backed
entrepreneurs in over 600 ventures, including AOL, Amazon.com, Citrix, Compaq
Computer, Electronic Arts, Genentech, Genomic Health, Google, Intuit, Juniper
Networks, Netscape, Lotus, Sun Microsystems, Symantec, Verisign and Xilinx. KPCB
portfolio companies employ more than 250,000 people. More than 150 of the firm's
portfolio companies have gone public. Many other ventures have achieved success
through mergers and acquisitions. The firm has offices in Menlo Park,
California; Beijing, China; and Shanghai, China. For additional information,
visit www.kpcb.com.

About JAFCO Ventures

Based in Palo Alto, California, JAFCO Ventures is a venture capital partnership
focused on companies that are emerging leaders in the communications, Internet,
semiconductor and software industries. JAFCO Ventures was formed in 2003 and
currently manages more than $350 million in capital. The fund's charter is to
invest in venture opportunities with true breakout potential where JAFCO
Ventures can meaningfully add value with capital, the experience of seasoned
venture capital investors, and the deployment of our Asia business development
team, to help portfolio companies generate revenue from customers in Japan and
other parts of Asia. For more information, visit www.jafco.com.

About Nth Power

Nth Power is a venture capital firm based in San Francisco and is the first
venture capital firm funding promising startup companies in Cleantech
industries. With $420 million under management and an investment record that
begins in 1997, Nth Power is widely known and well regarded as the driving force
behind many of the most successful Cleantech companies. The firm`s leading
history in Cleantech-related venture capital is the result of a deep network of
entrepreneurs, universities and research institutions and unmatched corporate
relationships. For more information, visit www.nthpower.com.

OutCast Communications
Amy Sezak, 415-392-8282
press@hara.com

Copyright Business Wire 2009