Tech Company Financing Transactions
GroundMetrics Funding Round
On 9/25/2012, GroundMetrics announced $1.2 million in Series A funding from Tech Coast Angels.
Transaction Overview
Company Name
Announced On
9/25/2012
Transaction Type
Venture Equity
Amount
$1,200,000
Round
Series A
Investors
Tech Coast Angels (Steven Flaim)
Proceeds Purpose
GroundMetrics, Inc., a world leader in advanced sensing technologies and noise mitigation methods for geophysical survey applications, today announced that the company leveraged proceeds of a Series A financing to develop prototypes of its unique electric field sensing technology for field system validation tests successfully conducted on a major oil field in the Middle East.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3954 Murphy Canyon Rd. D207
San Diego, CA 92123
USA
San Diego, CA 92123
USA
Phone
Website
Email Address
Overview
GroundMetrics technologies are used for various types of Resistivity and Electromagnetic (EM) surveys from traditional Controlled Source EM (CSEM) and Induced Polarization (IP) surveys to reservoir imaging survey methods such as Borehole-to-Surface EM (BSEM) and GroundMetrics.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Eiskamp
Chief Operating Officer
Jeff Symington
Chief Technical Officer
Mark DiIorio
Vice President
Scott Bradley
VP - Operations
Jessie Kaffai
Browse more venture capital transactions:
Prev: 9/25/2012: Crowdbase venture capital transaction
Next: 9/26/2012: Appconomy venture capital transaction
Share this article
News on VC Transactions
We report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs