The Ozone Man Lands $5,000,000 Series B Funding Round

  • Feed Type
  • Date
    3/2/2009
  • Company Name
    The Ozone Man
  • Mailing Address
    9454 Wilshire Boulevard Beverly Hills, CA 90212
  • Company Description
    The Ozone Man, Inc. was founded in 2007 by its President and CEO Dr. Halden S. Shane. Like many Los Angeles residents, Dr. Shane had always assumed that his long standing allergy problems were caused by smog in the Los Angeles Basin. But then, Dr. Shane learned that his allergy problem may in fact be caused by polluted indoor air rather than smog. After extensive research, he decided to focus on ozone as a possible remedy.

    His research carried him into an in-depth examination of the Ozone Industry and the

    applications of ozone in water, food and its uses in air. Dr. Shane reviewed many case studies and presentations from various medical associations regarding poor indoor air quality. This research led Dr. Shane to concur with the conclusions of many other medical experts that there is a direct correlation between many medical problems and indoor air pollution.

  • Website
    http://www.theozoneman.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The proceeds from the transaction will be used to capitalize on business expansion opportunities and programs related to branding of the product and services in key geographies.
  • M&A Terms
  • Venture Investor
    Undisclosed

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