Demonstrates Union Square Advisors’ continued strength in providing insight and quality strategic advisory services to leading technology companies across a variety of transaction types
On March 3, 2015, Seven Lakes Technologies, a leading developer of innovative enterprise software and solutions for the Oil & Gas Exploration & Production sector, announced that it has completed a $20 million Series A round of financing with Carrick Capital Partners, an investment firm focused on technology-enabled services businesses, including SaaS, Software, BPO and Transaction Processing. The financing will support Seven Lakes’ accelerating growth and its go-to-market strategy, as well as drive further innovation to deliver next-generation software products to the broader Energy industry.
Founded in 2009, Seven Lakes Technologies provides plug-and-play software that helps Oil & Gas companies optimize operations through Analytics and Business Process Management solutions, seamlessly integrating data from disparate legacy systems. Seven Lakes’ products leverage the latest innovations in Cloud Technologies, Big Data Analytics and Enterprise Mobility for business applications, such as Drilling & Rig Scheduling, Field Data Capture, Well Lifecycle Process and Master Data Management.
About Seven Lakes Technologies
Seven Lakes Technologies is a vertically focused analytics & technology solutions firm offering products and services for the Upstream (E&P) Oil and Gas sector, with a focus on improving business drivers and enhancing execution of customer business strategies. Seven Lakes offers innovative product suites focused around Drilling & Completions, Production & Operations, Accounting and Data Management & Analytics. Seven Lakes Technologies is headquartered in Westlake Village, CA with offices in Houston, TX and Bangalore, India. For more information, please visit www.sevenlakes.com
About Carrick Capital Partners
Carrick Capital Partners is an investment firm that utilizes ABV (Approach to Building Value) to operationally scale fast growing businesses that provide technology-enabled services. Carrick adds value by taking a concentrated approach and dedicating significant resources post-investment. Carrick helps scale great companies that deliver significant returns for investors, stimulating economic growth and positively impacting the industry landscape. Working directly with CEO’s and entrepreneurs, Carrick fulfills a vital need for investment and growth expertise. For more information, please visit www.carrickcapitalpartners.com
About Union Square Advisors
Union Square Advisors LLC is a leading technology-focused investment bank that offers strategic mergers & acquisitions advice and execution, as well as agented private capital financing services. Founded in 2007, with offices in San Francisco and New York, Union Square Advisors works with leading public and private technology companies, venture capital and private equity firms across the technology landscape with a primary focus on Software, Software-Enabled Services, IT infrastructure and Internet / Digital Media. For more information on Union Square Advisors, please visit www.usadvisors.com