PetroDE Receives $2,000,000 Seed Round

  • Feed Type
  • Date
    2/5/2014
  • Company Name
    PetroDE
  • Mailing Address
    1500 28th Street Boulder, CO 80303
  • Company Description
    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.
  • Website
    http://www.petrode.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Seed
  • Proceeds Purposes
    PetroDE will use this investment to market their system, accelerate development of the product roadmap, and commercially support their growing client base.
  • M&A Terms
  • Venture Investor
    Catamount Ventures
  • Venture Investor
    JES

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