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HzO Lands $15 Million Venture Financing

Wednesday, August 19, 2015 5:33:00 AM PDT | VentureDeal
   Draper, Utah  -- Advanced materials technology company HzO has garnered $15 million in new venture capital equity funding, according to an SEC regulatory filing.

HzO has created materials technology that uses proprietary chemical formulas and application techniques to protect electronic circuitry for a variety of markets and industry sectors.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

HzO is backed by a large syndicate of venture capital and private equity firms.

The company previously raised $20 million for its second institutional financing event in July 2014.

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