Tech Company Financing Transactions
PetroDE Funding Round
PetroDE, based in Broomfield, secured $2 million from Catamount Ventures and JES.
Transaction Overview
Company Name
Announced On
2/5/2014
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Catamount Ventures (Lead Investor) (James Thorson)
Proceeds Purpose
PetroDE will use this investment to market their system, accelerate development of the product roadmap, and commercially support their growing client base.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
2150 W. 6th Ave. H
Broomfield, CO 80020
USA
Broomfield, CO 80020
USA
Phone
Website
Email Address
Overview
PetroDE was born as a result of a need in the Oil & Gas industry to better understand breaking resource plays and locate new opportunities. The classic war map often gets buried by multiple layers of paper, and is not available away from the office. Countless days are spent looking for data and waiting for maps from technical support staff.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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