Peterson Partners Backs Oil and Gas Software Developer
Salt Lake City-based private equity investor Peterson Partners has backed a developer of data management software for the oil and gas industry. Dallas-based Equity Metrix said this morning that it has raised $5M in a growth investment from Peterson Partners, to accelerate development of new services for its customers. Equity Metrix says it is developing cloud-based, big data software to help manage land and production in the oil and gas industry, to help identiy revenue underpayment and misallocation.
posted on Wednesday, January 15, 2014 (Link to more information)
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