GroundMetrics Obtains $1,480,276 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9285ed1a-9fa3-4c2f-99de-9f20c7dfc355&Preview=1 -
Date
3/6/2013 -
Company Name
GroundMetrics -
Mailing Address
5764 Pacific Center Blvd San Diego, CA 92121 -
Company Description
GroundMetrics, Inc is the world leader in the development of land-based EM sensing and is working with oil, gas, mining, and geothermal companies to commercialize a new class of sensor system and methods and to provide advanced survey and monitoring services worldwide. GroundMetrics, Inc. spun-out of QUASAR Federal Systems (QFS) in 2010 with an exclusive license to productize QFS’s novel electromagnetic sensor technology for resource exploration, management and production. -
Website
http://www.groundmetrics.com -
Transaction Type
Venture Equity -
Transaction Amount
$1,480,276 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. -
M&A Terms
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Venture Investor
Undisclosed
