GroundMetrics Obtains $1,480,276 New Round

  • Feed Type
  • Date
    3/6/2013
  • Company Name
    GroundMetrics
  • Mailing Address
    5764 Pacific Center Blvd San Diego, CA 92121
  • Company Description
    GroundMetrics, Inc is the world leader in the development of land-based EM sensing and is working with oil, gas, mining, and geothermal companies to commercialize a new class of sensor system and methods and to provide advanced survey and monitoring services worldwide. GroundMetrics, Inc. spun-out of QUASAR Federal Systems (QFS) in 2010 with an exclusive license to productize QFS’s novel electromagnetic sensor technology for resource exploration, management and production.
  • Website
    http://www.groundmetrics.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,480,276
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed