Austin-based Veros Systems raises $8 Million

gI_132709_logoVeros Systems announced Monday that it has received $8 million in Series A venture financing.
Chevron Technology Ventures led the deal with additional investment from Austin Ventures and LiveOak Venture Partners.
Veros, which makes control center software called Veros ForeSight that monitors industrial operations, has been testing its software system for several years at multiple Chevron sites.
The company is also presenting at the Chevron-Oiltech Investment Network today in Houston.
Veros, based in Austin, received $1.5 million last year from the Texas Emerging Technology Fund.
Tommy Knight and Alex Parlos founded Veros System in College States and licensed the rights to commercial the technology from Texas A&M University.

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