Foley Hoag Represents Tank Utility in Funding Round
February 25, 2019
Foley Hoag LLP represented Tank Utility, a provider of IoT tank monitoring and logistics optimization services, in a financing round led by Bullpen Capital. Seed investors Energy Foundry, Blue Fog Capital and Generac also participated, along with new investors Serra Ventures and Array Ventures. Tank Utility will use the funding to accelerate company growth.
Boston-based Tank Utility provides remote monitoring devices and logistics intelligence software that gives fuel providers a real-time view into the tank level for their customers. With this level of insight, fuel providers are able to eliminate logistics costs and improve customer sentiment by providing just-in-time fuel delivery.
Foley Hoag partner Mark Haddad, Sara Mattern and Anna Snook represented Tank Utility in the transaction.
We use cookies to enhance user experience, improve functionality and performance, and for analysis of website traffic. By clicking “accept”, you agree to the use of cookies. For more information about our cookie policy and the information we collect, please review our Privacy Statement.
Foley Hoag
Email Disclaimer
Transmitting information to us by e-mail unilaterally does not establish an attorney-client relationship or impose an obligation on either the law firm or even the receiving lawyer to keep the transmitted information confidential. By clicking "OK," you acknowledge that we have no obligation to maintain the confidentiality of any information you submit to us unless we already represent you or unless we have agreed to receive limited confidential material/information from you as a prospective client. Thus, if you are not a client or someone we have agreed to consider as a prospective client, information you submit to us by e-mail may be disclosed to others or used against you.
If you would like to discuss becoming a client, please contact one of our attorneys to arrange for a meeting or telephone conference. If you wish to disclose confidential information to a lawyer in the firm before an attorney-client relationship is established, the protections that the law firm will provide to such information from a prospective client should be discussed before such information is submitted. Thank you for your interest in Foley Hoag.
