Sabtu, 14 Agustus 2010

Additech?s $4.6 Million Additive Funding

This week Additech, a fuel systems maintenance and software business in Houston, scored a $4.6 million investment SEC filings revealed.

The company's earlier backers Adams Capital Management, BEV Capital and 9 individual angels provided the tranche money. To date, Additech has raised about $35 million.

The chairman of Additech, Ralph Koehrer, explained in an e-mail that his company will use this money to "grow the number of fuel centers [that have] our service," and launch a new, "drive clean across America" marketing campaign short term.

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