Thursday, October 19, 2006

Sub-One Gets $7M

Pleasanton-based Sub-One Technology announced this morning that it has raised $7M in a Series B funding round. The funding was led by Advanced Technology Ventures, and also included prior investors Chevron Technology Ventures and ITI Energy. Sub-One Technology is a material science company focused on technology for the exploration, storage, and transportation of liquids like oil, ethanol, and natural gas. David Lam of ATV will join the firm's board of directors as part of the funding. More information »