HZO, Inc., a developer of liquid protection technologies for electronics, secured $20m in Series B growth funding.
The round was led by Iron Gate Capital with participation from new investors Translink Capital and Delta Electronics and existing investors Harris & Harris Group, Prudence Holdings and VY Capital.
The company intends to use the funds to expand operations.
Led by Michael Bartholomeuz, CEO, HZO provides liquid and corrosion protection solutions to OEMs across multiple industries including consumer and industrial electronics, wearable technology, and medical and military devices.
Its products aim to protect all sensitive internal components from adverse conditions and environments, including prolonged liquid immersion. To date, HZO has developed protection solutions for over 150 products across consumer electronics, life sciences, military and wide-ranging industrial applications including automotive, aerospace, oil and gas, and unmanned aerial vehicles.
The company has offices in San Jose, CA, Draper, UT, Japan, and China.