CiDRA Corporation Garners $8,000,000 New Financing Round

  • Feed Type
  • Date
    5/21/2009
  • Company Name
    CiDRA Corporation
  • Mailing Address
    50 Barnes Park North Wallingford, CT 06492
  • Company Description
    Founded in 1996, CiDRA is the first company to combine industrial and optical skills to deliver real time process monitoring to multiple industries.
  • Website
    http://www.cidra.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This financing will be used to aggressively develop various service offerings related to flow management and assurance, velocity profiling, and overall plant monitoring and process optimization in minerals processing, oilsands, power generation, and pulp and paper applications.
  • M&A Terms
  • Venture Investor
    Undisclosed

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