Tech Company Financing Transactions

H2scan Funding Round

H2scan, based in Valencia, received $4 million in investment from Chrysalis Ventures, Pasadena Angels and Tech Coast Angels.

Transaction Overview

Company Name
Announced On
7/31/2008
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series D
Investors

Chrysalis Ventures (Michael Walkinshaw)

Pasadena Angels (Albert Schneider)

Tech Coast Angels

Proceeds Purpose
Proceeds from the funding have been used to upgrade the production and R&D facility, purchase additional equipment and provide additional funds for sales and marketing efforts, including the recently announced hiring of an East Coast sales manager.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
27215 Turnberry Ln. A
Valencia, CA 91355
USA
Email Address
Overview
Backed by 23 patents, H2scan manufactures disruptive state-of-the-art hydrogen sensor systems that enable low-level, real-time, in-stream detection and measurement for various applications.
Profile
H2scan LinkedIn Company Profile
Social Media
H2scan Company Twitter Account
Company News
H2scan News
Facebook
H2scan on Facebook
YouTube
H2scan on YouTube

Management Team

Title
Name
Email & Social
Chairman
Michael Allman
  Michael Allman LinkedIn Profile  Michael Allman Twitter Account  Michael Allman News  Michael Allman on Facebook
Chief Executive Officer
Dennis Reid
  Dennis Reid LinkedIn Profile  Dennis Reid Twitter Account  Dennis Reid News  Dennis Reid on Facebook
Chief Technical Officer
James Litton
  James Litton LinkedIn Profile  James Litton Twitter Account  James Litton News  James Litton on Facebook
VP - Bus. Development
Bharat Vats
  Bharat Vats LinkedIn Profile  Bharat Vats Twitter Account  Bharat Vats News  Bharat Vats on Facebook
VP - Operations
Jeff Khamnei
  Jeff Khamnei LinkedIn Profile  Jeff Khamnei Twitter Account  Jeff Khamnei News  Jeff Khamnei on Facebook
VP - Sales
Michael Nofal
  Michael Nofal LinkedIn Profile  Michael Nofal Twitter Account  Michael Nofal News  Michael Nofal on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/31/2008: Kickfire venture capital transaction
Next: 8/1/2008: Wellpartner venture capital transaction

 

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