Xconomy San Diego

HEPO Filters, Inc. Lands $150,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fe5069b8-b171-4e66-bc8e-06471aac0363&Preview=1
Date
6/30/2008
Company Name
HEPO Filters, Inc.
Mailing Address
2510 Main St. Santa Monica, CA 90405
Company Description
The HEPO Filters Micro-Bypass Oil Filtration System continuously cleans the lubricating oil by removing 99%+ of all contaminants 2 microns and greater, as well as removing liquid contaminants. HEPO Filters systems are designed to work in conjunction with the full-flow filter by removing the smaller solid contaminants as well as water.
Website
http://www.hepofilters.com
Transaction Type
Venture Equity
Transaction Amount
$150,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Goldman Sachs