AcousticEye haalt 6 miljoen dollar op bij ICV en Sequoia Capital
- GROEIFINANCIERING VOOR LEUSDENS CLEAN TECH BEDRIJF (Persbericht)
24-05-2012 -
AcousticEye Ltd., a pioneer in non-invasive tube inspection for the global heat exchanger and boiler NDT (non-destructive testing) markets, today announced that it has raised $6 million in additional funding.
Led by Israel Cleantech Ventures (ICV), the leading venture capital fund focused on backing Israel's emerging clean technology companies, the investment will be primarily used for continued research, development and global commercialization of the company?s breakthrough technology solutions. Sequoia Capital, AcousticEye?s existing main investor and the venture capital firm that has helped many of the world?s most successful companies, also participated in this second round of funding.
?AcousticEye has introduced a disruptive technology for tube inspection that delivers major advantages for users to significantly reduce operational costs and contribute directly to improved profitability?, said Mr. Matan Friedman, Venture Associate at ICV. ?We have been tracking AcousticEye for a while and look forward to working with the team as they continue to increase their value proposition and footprint in this large market space.?
Sequoia Capital has a long history of partnering with founders to help them build long-term, multi-billion dollar companies, including Google, LinkedIn, A123, Yahoo!, Apple, and Oracle. ?We back companies that are transforming their industries?, said Mr. Gili Raanan, General Partner at Sequoia Capital. ?AcousticEye hasmade significant strides in the development, deployment and sales of its ground-breaking solution. It has the combination of a great product with strong management and is well placed to make tube inspection more efficient and affordable for many more companies around the world.?
?We appreciate very much the confidence that ICV and Sequoia Capital have placed in AcousticEye as we continue to build upon our momentum in the market?, said Mr. Yoav Harel, CEO of AcousticEye. ?Our systemhas been utilized in many of the industry?s most challenging jobs, inspecting hundreds of thousands of tubes with accurate results and speed that are impossible using today?s conventional techniques. With our technology approach now validated in the industry, we are intently focused on achieving next stage growth that will firmly establish AcousticEye as a game-changing solution provider.?
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