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Kleiner Perkins Caufield & Byers has joined Microsoft's Bill Gates, Energy Capital Group, Goldman Sachs, and Passport Capital in funding a Texas firm in developing technology for the oil and gas exploration technology market, to the tune of $60M. According to Texas-based NEOS GeoSolutions, it has received $60M in funding from Energy Capital Group and Bill Gates, along with existing investors Goldman Sachs, Kleiner Perkins Caufield & Byers, and Passport Capital. NEOS develops technology which helps oil and gas firms determine where to explore, lease, and drill.
posted on Tuesday, January 18, 2011 (Link to more information)

Related companies:
Kleiner Perkins Caufield and Byers

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