Adapx Raises $3M

Adapx, a Seattle, WA-based provider of a platform for Oil & Gas players to get access to data in the field captured on tablets or on paper using digital pens, raised an additional $3m in funding.

Backers included existing investors OVP Venture Partners, Paladin Capital Group, Pelion Ventures, and Northwest Tech Ventures.

The company intends to use the capital to continue to grow and increase adoption of Capturx data capture solutions in mobile worker industries such as Oil & Gas.

Led by Ken Schneider, CEO, Adapx provides Capturx Oil & Gas Solutions, which allow integrity teams to automate their field data capture and get instant visibility to data collected in the field using tablets or digital pens and standard paper forms. Data recorded by pen or tablet on custom forms can be sent back to HQ for immediate analysis, action, and documentation for compliance (in Microsoft Office, SharePoint, CRM, ERP, GIS, C2, C4ISR systems and many other back-end systems).
Clients include Oil & Gas leaders such as Kinder Morgan, Chevron, and Finning.



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