Drilling Info - 2012-03-05
Description
Insight Venture Partners is leading a $165-million equity investment in Drilling Info, the Austin-based data intelligence provider to the oil and gas industries. Proceeds will go toward continued expansion of Drilling Info's SaaS-based data and analytics offerings and to Drilling Info's early investors. Insight is joined in the deal by Battery Ventures and Eastern Advisors Private Fund. Vaquero Capital acted as advisors to Drilling Info during this process.