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Liquid Robotics Closes $45 Million Series E Funding to Accelerate Growth in Worldwide Sales and Ocean Data Services

March 20, 2013

SUNNYVALE, CA--(Marketwire - Mar 19, 2013) -  Liquid Robotics®, a leading provider of autonomous ocean robots and high value ocean data services, today announced that it has closed a $45 million Series E funding round led by Riverwood Capital, a growth-focused technology private equity firm, with participation from existing investors, including VantagePoint Capital Partners. The funding will be used to expand the Company's global sales, partner, and services organizations to meet the increasing demand for its ocean observation & monitoring services. This investment will also fund development and delivery of new cost effective solutions for the worldwide Defense, Science & Research, and Oil & Gas markets.

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