Petrodata wins (pounds) 800,000 funding

PetroData has won (pounds) 800,000 venture capital funding to support an international sales push for the technology it has developed to allow oil and gas firms monitor wells remotely. TheAberdeen-based fledgling will use the funding to beef up its sales activity in key markets, including North Africa, the Middle East, and Asia-Pacific. Nova oil and gas technology fund, managed byAberdeen Murray Johnstone Private Equity, invested (pounds) 350,000, while the Sigma Technology Venture Fund, managed by Edinburgh-based Sigma Technology Management, provided (pounds) 450,000.

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