Tech Company Financing Transactions
MicroSeismic Funding Round
MicroSeismic closed a $7 million funding round on 8/25/2006. Backers included Chevron Technology Ventures and RockPort Capital.
Transaction Overview
Company Name
Announced On
8/25/2006
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
RockPort Capital (William James)
Proceeds Purpose
Proceeds will be used to acquire capital equipment for expansion of operations as well as to fuel sales growth and to fund software development.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
10777 Westheimer 500
Houston, TX 77042
USA
Houston, TX 77042
USA
Phone
Website
Email Address
Not Recorded
Overview
MicroSeismic, Inc. is a world leader in microseismic monitoring and passive seismic imaging. Microseismic monitoring is the practice of listening to the seismic noise emitted from a reservoir so as to directly detect such things as patterns of fluid movement, fracture development or compaction.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Duncan
Chief Technical Officer
Michael Thornton
Vice President
William Barker
VP - Engineering
Carl Neuhaus
VP - Finance
Noel Knape
VP - Operations
Eric Bourdages
Browse more venture capital transactions:
Prev: 8/25/2006: Netvibes venture capital transaction
Next: 8/27/2006: Neurosonix venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs