SEATTLE, WA — Hydrovolts, Inc reported today in a filing with the U.S. Securities and Exchange Commission it had raised $750K of a $1.5M private offering. Companies file this special form with the U.S. Securities and Exchange Commission in the majority of cases when closing new funding.

Hydrovolts, Inc did not disclose revenue figures according to the SEC Filing detailing the transaction. The type of investment being offered was listed as equity (opposed to debt, warrants, or other types of investment options). Hydrovolts, Inc noted they began raising the money on February 15, 2012. As of today, $1.5M of the $1.5M offering has been sold to private investors.

Digging into Hydrovolts, Inc's fundraising history, Hydrovolts, Inc has filed 2 fundraising documents with the U.S. Securities and Exchange Commission. Their last filing with the SEC on September 9, 2011 noted $630K in new investment. Previous to this filing, Hydrovolts, Inc had a $700K fund raise on November 29, 2010.

The SEC Filing can be viewed in its entirety by clicking here: Hydrovolts, Inc Form D SEC Filing.