Enbridge Funding Extends Series C Round to $31M for On-Ramp Wireless

fire from environmentalists and others over a 2010 pipeline rupture near Marshall, MI, that spilled an estimated 843,000 gallons of diluted bitumen, a tar-like heavy crude diluted with benzene and other chemicals. The tarry sludge spilled into the Kalamazoo River, where cleanup efforts are still underway.

The global oil and gas industry represents On-Ramp’s fastest growing market, according to the company’s statement today.

Despite industry claims about state-of-the-art pipeline sensors and monitoring technology, remote sensors detected just 5 percent of the nation’s pipeline spills between 2002 and 2012, according to a Pulitzer-prize winning report published last year by InsideClimate News, a nonprofit news organization covering energy and the environment. Most pipeline spills (62 percent) were reported by pipeline employees at the site of an accident, according to a review of data from the Pipeline and Hazardous Materials Safety Administration.

“We are seeing significant growth opportunities from enterprises that want to monitor, control, and manage their hardest-to-reach assets, irrespective of location,” says On-Ramp’s Hell in the statement. “Our technology can easily connect assets that have previously been unreachable, from oil and gas pipelines spanning hundreds of miles of harsh terrain to electrical transmission and distribution assets, both above and below ground.”

On-Ramp’s statement also quotes Chuck Szmurlo, a vice president of alternative and emerging technology at Enbridge: “On-Ramp’s technology addresses a current and future need for our operations, enabling us to better connect with and monitor assets, such as transmission pipelines, in a more economical and reliable manner than conventional wireless technologies currently allow. By automating the monitoring of these assets we are able to improve operational efficiencies and know, within seconds, valuable information that can help us reduce risk and save costs versus manual inspection processes.”

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.