Data analytics startup Seismos completes capital raise
Seismos Inc., a data analytics company, has completed a $4 million Series A round of funding.
The Austin startup said the capital will be used “to power its market rollout and product enhancement efforts,” according to a Tuesday announcement.
Investors include San Francisco-based Javelin Venture Partners and Philadelphia-based Osage University Partners.
Seismos, founded in 2012, provides subsurface fluid flow monitoring for oil and gas production. Its product consists of field-installed, low-impact emitters and seismic sensors connected to a data processing platform that generates maps of carbon dioxide movement over time, the company indicates.
The startup now employs five workers, CEO Panos Adamopoulos said.
In early 2013, Seismos won the 2013 Texas Venture Labs Investment Competition at the University of Texas’ McCombs School of Business.
The company also earned a berth to the UT Horizon Fund Student Investment Competition coupled with a chance to join the Texas Venture Labs Accelerator.
Adamopoulos was previously the founder and managing director of HN Consulting, a China-based firm, according to his online profile.