Thursday, January 3, 2008

Sensortran Raises $8M

Austin-based SensorTran has raised $8.0 in a venture capital round, the firm said in late December, from Advantage Capital Partners, Expansion Capital Partners, WHEB ventures, and Stonehenge Capital Company. Advantage Capital Partners was a new investor in the firm, and co-led the round with Expansion Capital. SensorTran develops optical fiber-based, temperature sensing technology which can be used for monitoring transmission and distribution power cables, downhole oil and gas wells, along with other applications. More information »