Senova Systems Obtains $6,700,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=98978acf-74f0-49cd-afb2-cad3cd7b07f0&Preview=1
Date
1/13/2012
Company Name
Senova Systems
Mailing Address
1230 Bordeaux Drive Sunnyvale, CA 94089
Company Description
Senova Systems , Inc. is a start-up company whose purpose is to commercialize a new break-through technology for measuring pH. Measurement of pH is a critical control parameter in virtually every process industry in the world today, including:Food and Beverage, Water and Waste Treatment, Petrochemical, Pharmaceuticals.
Website
http://www.senovasystems.com
Transaction Type
Venture Equity
Transaction Amount
$6,700,000
Transaction Round
Series B
Proceeds Purposes
Proceeds will be used to complete product commercialization of the Smart Probe sensor technology and expand on--going strategic development partnerships.
M&A Terms
Venture Investor
Harris & Harris Group
Venture Investor
The Phoenix Partners
Venture Investor
Undisclosed