Somerville Massachusetts based LineVision is raising $33,128,537.00 in New Equity Investment.
Somerville, MA – According to filings with the U.S. Securities and Exchange Commission, LineVision is raising $33,128,537.00 in new funding. Sources indicate as part of senior management President, Hudson Gilmer 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 LineVision
An innovative monitoring technology company setting the standard in overhead power line monitoring, dynamic line ratings and asset management for electric utilities and pipeline operators. The LineVision system is a proven platform to enhance the capacity, reliability, flexibility and visibility of existing and new transmission lines. Featuring patented non-contact electromagnetic field and optical sensors, the LineVision system is a complete turnkey solution that is deployed under critical lines without the need for disruptive line outages or dispatching utility installation crews. Leveraging 20 years of transmission line monitoring expertise, the EMF power flow monitoring hardware is the most widely deployed monitor with over 5000 units worldwide. LineVision clients receive a powerful and secure web-based interface or direct data feed to view real-time, forecasted, and historical data.
To learn more about LineVision, visit http://www.linevisioninc.com/
Contact:
Hudson Gilmer, President
617-429-5593
https://www.linkedin.com/in/hudson-gilmer-87a5b2/
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