CiDRA

company

About

CiDRA is a process optimization company that delivers innovative products and services that improves customer’s operating performance.

  • 251 - 500

Details

Last Funding Type
Debt Financing
Industries
Industrial,Industrial Automation,Manufacturing
Founded date
Jan 1, 1996
Number Of Employee
251 - 500
Operating Status
Active

Founded in 1996, CiDRA is the first company to combine industrial and optical skills to deliver real time process monitoring to multiple industries.

CiDRA is headquartered in Wallingford, Connecticut with an increasing number of international offices. CiDRA’s patented SONARtrac® flow technology has established itself as a new class of industrial flowmeter, utilizing measurement principles that are distinct from all other flowmeter technologies operating today and is ideally suited for measuring flow in difficult slurry applications within the energy and natural resource industries.

CiDRA has been aggressively developing various solutions offerings related to flow management and assurance, slurry rheology characterization, and overall plant monitoring and process optimization in minerals processing, oilsands, and pulp and paper applications. CiDRA products and services are being used by over 250 customers in 21 countries.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$100M
CiDRA has raised a total of $100M in funding over 2 rounds. Their latest funding was raised on Jul 23, 2019 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 23, 2019 Debt Financing 1 Detail
Jun 22, 2000 Series Unknown $100M 2 Detail

Investors

Number of Lead Investors
Number of Investors
3
CiDRA is funded by 3 investors. Advantage Capital and HRLD Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Advantage Capital Debt Financing
HRLD Venture Partners Series Unknown
Scudder Technology Fund Series Unknown