AdBm Technologies Finds $1.3M

Austin-based AdBm Technologies, a developer of underwater, noise abatement technology used in marine construction and energy, has raised $1.3M in a Series A funding, the company said last week. The funding was led by the Central Texas Angel Network (CTAN), Park & Golf Ventures, the Houston Angel Network (HAN) and the North Texas Angel Network (NTAN). AdBm is led by Dr. Mark Wochner. CTAN's investment was led by Dr. John Paulos, a former VP at Cirrus Logic. More information »