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Ingrain Takes In $15 Million Series B Financing

Monday, October 06, 2008 6:02:00 AM PDT | VentureDeal Staff

Houston, Texas  --  Software company Ingrain (no website) has raised $15 million in second venture capital funding round.

Ingrain is developing software that analyzes how much fluid can pass through rocks. The company is aiming this technology at the oil and gas development marketplace.

Investors in the round included Energy Ventures, Stanford University and others. Proceeds purposes were not disclosed.

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