
Now that Ike is pretty much behind me, I’ve been able to catch up on a few things, mostly e-mail and blog posts. Here are a few items of note regarding Houston technology startups:
- Houston-based MarineCFO, a developer of software for managing marine fleet operations, said last week that it has raised a Series A funding round. Amount of the investment was not disclosed. The round was led by EmergingISV Capital Partners, as well as undisclosed customers and individuals in the transportation and energy industry. MarineCFO said the funding will go to accelerate sales and marketing, plus towards new versions of the firm’s software (courtesy of Texas Tech Pulse);
- Houston-based Ingrain, which develops technology used in the oil and gas exploration industry, said Thursday that it has raised $15M in a second round of funding for the firm. According to Ingrain, it received the funding from Energy Ventures, Shoaibi Group, Klaveness Invest AS, Kommunal Landspensjonskasse (KLP), and Stanford University, along with its executives. Ingrain is developing digital reservoir rock property measurement technology, which the firm says helps simulate fluid flow measurement in reservoir rocks, allowing oil and gas companies to better understand the potential of their reserves (courtesy of Texas Tech Pulse);
- David and Mark of NutshellMail presented at TechCrunch50 last month. They received some great coverage from Forbes and apparently had some great introductions. Here is a writeup from IEEE Spectrum;
- AlwaysOn announced its coveted GoingGreen 100 Top Private Companies Awards last month and named Houston-based and DFJ Mercury funded GlycosBio a category winner in Clean Manufacturing. GoingGreen is where cutting-edge greentech CEOs meet the movers and shakers from the biggest industries on earth. Green technology innovators are transforming the global energy, water, agriculture, transportation, construction, manufacturing, and resource recovery establishments. This two-and-a-half-day executive event features CEO presentations and high-level debates on the most promising emerging green technologies and new entrepreneurial opportunities. GlycosBio has acquired and developed a number of platform technologies which will attempt to reduce production cost with environmentally friendly technologies as an alternative to petrochemical-based manufacturing;
I’m sure that there were others…tell me what I missed.
This post was written shortly after Ike.
http://www.coloradostartups.com/2008/09/17/cory-levy-on-being-open/
I just wanted to express praise to both Kurt and Josh (and now many others) for your continued efforts in keeping alive the energy towards new startups and in constantly informing us of the latest new business news. Keep up the excellent work!