RedZone Robotics, Inc., a Pittsburgh, PA-based designer and manufacturer of wastewater inspection technologies and related analytical solutions for municipalities, contractors and engineering companies, received a $25m investment from ABS Capital Partners, Inc.
The company intends to use the funds to continue to expand its product set and geographic reach.
Led by CEO Eric Close, RedZone provides robotic sewer inspection technologies and data-analysis software designed to help municipalities, agencies, as well as regional and national engineering firms globally manage their wastewater assets, reduce spending and negative environmental impacts.
Clients include municipalities of Singapore, Baltimore, Charlotte, Detroit, Las Vegas, Los Angeles, Toronto, and Pittsburgh.
In conjunction with the financing, ABS Capital General Partners Bobby Goswami and Laura Witt will join the company’s board of directors.
RedZone has satellite office in San Ramon, CA and Singapore.
FinSMEs
10/09/2011