Wireless Seismic Receives $19,500,000 New Round

  • Feed Type
  • Date
    12/22/2010
  • Company Name
    Wireless Seismic
  • Mailing Address
    13100 Southwest Freeway Sugar Land, TX 77478
  • Company Description
    Wireless Seismic was formed in 2006 to develop and introduce the RT 1000, a revolutionary seismic data acquisition system to the exploration and production industry, which capitalizes on emerging technologies in the seismic, wireless and mesh-network industries.
  • Website
    http://www.wirelessseismic.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $19,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Wireless Seismic is scaling up its manufacturing operations to meet demand for our RT-1000 seismic data acquisition system.
  • M&A Terms
  • Venture Investor
    Chesapeake Energy
  • Venture Investor
    Energy Ventures