Tech Company Financing Transactions
HzO Funding Round
HzO, operating out of Morrisville, raised $70 million from Cathay United Bank and private investors.
Transaction Overview
Company Name
Announced On
4/24/2019
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The proceeds will help fast track market and market segment expansion, research and development investments, and next generation coating applications, building on the triple-digit growth the company experienced each of the last two years.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
5151 McCrimmon Pkwy.
Morrisville, NC 27560
USA
Morrisville, NC 27560
USA
Phone
Website
Email Address
Overview
HZO's waterproofing technology provides manufacturers, OEMs and device makers with solutions that change how people use electronics.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Fahey
Chief Financial Officer
William McCombe
Chief Operating Officer
Andreas Morr
VP - Bus. Development
Stephen Gold
VP - Engineering
Zsolt Pulai
VP - Human Resources
David Gilbert
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Where The Data Comes From
We report on tech company VC transactions. All VC database entries reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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