Tech Company Financing Transactions
Whitman Controls Funding Round
Whitman Controls secured a $4.5 million venture capital round on 5/1/2024. Investors included Advantage Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
5/1/2024
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Undisclosed
Investors
Advantage Capital Partners (Lead Investor)
Proceeds Purpose
The company will leverage the capital to purchase new equipment to expand manufacturing capabilities and new distribution channels and take strategic bolt-on acquisition opportunities in the industrial sensors segment.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
201 Dolphin Rd
Bristol, CT 06010
USA
Bristol, CT 06010
USA
Phone
Website
Email Address
Overview
Whitman Controls is now a brand of Industrial Control Solutions as it has merged with Thomas Products. Industrial Control Solutions is excited to expand its product offerings, improve its time to market on new and custom products, and continue to provide exceptional customer experiences.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
General Manager
Scott Boulanger
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Our team works diligently to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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