GloriOil Garners $20,000,000 Series C Financing Round

  • Feed Type
  • Date
    1/26/2012
  • Company Name
    GloriOil
  • Mailing Address
    4315 South Drive Houston, TX 77053
  • Company Description
    Our vision is to be the leader in bio-technology solutions to the global oil and gas industry and service provider of choice to both independent and major oil and gas producers.
  • Website
    http://www.glorioil.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Glori will use the proceeds to both expand its AERO(TM)technology service business and to acquire shut-in or low-producing mature fields for redevelopment utilizing its AERO(TM) System.
  • M&A Terms
  • Venture Investor
    Advantage Capital Partners
  • Venture Investor
    Energy Technology Ventures
  • Venture Investor
    GTI Ventures
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Oxford Bioscience Partners
  • Venture Investor
    Malaysian Life Sciences Capital Fund
  • Venture Investor
    Undisclosed