Datagration Solutions Inc.
Description
Closed an additional equity financing by all major existing investors, including Quantum Energy Partners' Innovation Fund, and several new investors, led by EIV Capital LLC. Proceeds will be used to support the growth of its business with funds slated to further advance the PetroVisor™ Platform, add to its implementations and customer success group and recruit additional global sales resources. Portion of new funding will also be used to grow its portfolio of platform-native apps and expand the use of its unified data model that can influence operational and process changes to improve asset productivity and profitability.