Tech Company Financing Transactions

NEOS GeoSolutions Funding Round

NEOS GeoSolutions closed a $60 million funding round on 1/18/2011. Investors included Energy Capital Partners, Goldman Sachs and Kleiner Perkins Caufield & Byers.

Transaction Overview

Company Name
Announced On
1/18/2011
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors

Energy Capital Partners (Ali Abdulaziz)

Goldman Sachs (Joseph DiSabato)

Kleiner Perkins Caufield & Byers (Russell Siegelman)

Passport Capital (John Burbank)

Proceeds Purpose
The company plans to use the proceeds to fund its ongoing technology development program; expand its data acquisition and data processing capacity; add functionality to its NeoSphere� data integration and interpretation system; and support general corporate growth initiatives, including the expansion of its engineering, sales, marketing, field operations, and customer service teams around the world.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
6210 Stoneridge Mall Rd. 450
Pleasanton, CA 94588
USA
Email Address
Overview
NEOS is a solutions-oriented geosciences company that is a leader in the emerging field of multi-measurement subsurface interpretation. Our mission is to help our clients in the onshore oil & gas and mining industries make faster, more informed decisions about where to explore, where to lease, and where to drill.
Profile
NEOS GeoSolutions LinkedIn Company Profile
Social Media
NEOS GeoSolutions Company Twitter Account
Company News
NEOS GeoSolutions News
Facebook
NEOS GeoSolutions on Facebook
YouTube
NEOS GeoSolutions on YouTube

Management Team

Title
Name
Email & Social
Chairman
Jonathan Faiman
  Jonathan Faiman LinkedIn Profile  Jonathan Faiman Twitter Account  Jonathan Faiman News  Jonathan Faiman on Facebook


 

 

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