Friday, June 27, 2014

WellAware Gets $37M For Oilfield Monitoring, Analytics

San Antonio-based WellAware, a provider of oilfield remote monitoring and predictive analytics software, has raised $37M in a funding round. The funding was led by Activant Capital Group and Carlos Slim, along with angels such as Ed Whitacre (AT&T, GM) and former U.S. Vice President Dick Cheney. WellAware said it will use the new funding to expand its oilfield data collection, storage, visualization, mobility, and predictive analytics solutions. WellAware is led by Matt Harrison. More information »