Miox raises $19M for water treatment
Miox, a water purification company based in Albuquerque, N.M., has picked up a $19 million third round of funding to help market its industrial water treatment technology.
Instead of filtering water, Miox zaps it with a combination of electricity and chemicals, as we previously detailed. The company got its start with the military, moved on to the outdoor industry, and is now also serving businesses like hotels.
The funding was led by new investor DCM, with participation from Sierra Ventures and Flywheel Ventures. Miox has now raised about $49 million.
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Tags: co:MIOX, deal, inv:DCM, inv:Doll-Capital-Management, inv:Flywheel-Ventures, inv:Sierra-Ventures
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.