Austin Texas based RigUp Inc. is raising $300 Million in a new round of Venture Capital investment.
Austin, TX – According to filings with the U.S. Securities and Exchange Commission, RigUp Inc. is raising $300 Million in a new round of investment. Sources indicate as part of senior management Chief Operating Officer, Michael Witte played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About RigUp Inc.
RigUp is a technology company that’s building a platform to better support the energy workforce. Through the industry’s largest marketplace, we’re improving the lives of contractors and helping service providers and operators find the people who will get the job done. What began as a workforce bidding platform quickly grew into the largest marketplace and provider of labor in the energy industry. Our growing team is diverse and talented, and we’re focused on leading the energy industry into the future with innovative technology.
To learn more about RigUp Inc., visit http://www.rigup.com/
Contact:
Michael Witte, Chief Operating Officer
512-501-5452
witte.michael@rigup.com
https://www.linkedin.com/in/mikewitte1/
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