Veros Systems, a College Station, Texas-based provider of solutions to monitor the reliability and energy efficiency of electrically powered rotating machines, has been awarded the third tranche of a $1.5m investment from the Texas Emerging Technology Fund.
Founded in 2001 by Tommy E. Knight and Dr. Alexander G. Parlos, and led by President and CEO Allan L. Wilson, Veros Systems provides a system that uses predictive intelligence to monitor the reliability and energy efficiency of electrically powered rotating machines. Its solution uses only electrical measurements to continuously monitor and assess machine condition and performance.
FinSMEs
02/08/2012