We noticed last month that Commonwealth Joe Coffee Roasters was raising another round of funding, and we’re now getting a little more detail on where the raise stands, and who’s in.
The latest update from the Arlington company, whose business growth centers on kegged cold-brew coffee and other beverages, is that it has secured $1.2 million of its targeted $4 million Series B round. Thus far, the round comes from existing investors, including the lead investor, Will Stroud of Stroud Cos.