SEE Forge Inc., a Perth, Australia- and Houston, Texas-based provider of an energy industry’s automation platform for collecting, visualizing and analyzing field-based processes, closed a $1m seed financing round.
The round was led by Mercury Fund, a Houston-based venture capital group, with participation from Correlation Ventures as well as a number of Oil & Gas experts.
The company intends to use the funds to expand its mobile and analytics platform and to support its customer base focused in Oil & Gas.
Led by James McDonough, CEO, SEE Forge provides a cloud based solution to eliminate paper work and spreadsheets so companies can monitor, do predictive analytics in real time and to notify employees and systems for faster response.
SEE Forge is currently in the SURGE Accelerator program and graduates May 21, 2014.