Oil Purification Systems Lands $2,500,000 New Financing Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=346fdab8-872d-4c37-babb-217734a3fef9&Preview=1 -
Date
6/9/2009 -
Company Name
Oil Purification Systems -
Mailing Address
4 Research Drive Shelton, CT 06484 -
Company Description
Oil Purification Systems, Inc. (OPS) is the developer of the OPS-1, a patented onboard oil refining system that streamlines oil maintenance routines for large vehicles and industrial equipment. -
Website
http://www.oilpursys.com -
Transaction Type
Venture Equity -
Transaction Amount
$2,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The latest round of funding will enable OPS to further expand its product offerings into existing and new industries, and provide increased support for its growing customer base. -
M&A Terms
-
Venture Investor
Undisclosed -
Venture Investor
Connecticut Innovations
