Sea Discovery

Liquid Robotics: Financing Secured, Former Sun Exec Named CEO

Liquid Robotics, developer of the Wave Glider self-powered hybrid sea-surface/underwater robotic vehicle, and cloud-based data service provider, closed a Series D $22m financing round led by VantagePoint Capital Partners, the company’s first institutional investor together with participation by oilfield services provider Schlumberger.
In addition, the company announced the appointment of Bill Vass, former President and COO, Sun Microsystems Federal, as CEO.
Liquid Robotics has created a new category of wave-powered marine robotic vehicles with a platform for ocean observation, data collection, intelligence, surveillance and reconnaissance. The company’s flagship product, the Wave Glider, is a reliable, persistent and economical autonomous marine drone that has the capability of efficiently completing demanding long-duration missions with minimal environmental impact. In addition to providing Wave Gliders as a product, Liquid Robotics has also set up a Data-as-a-Service cloud which provides direct, real-time access to ocean information.
Vass brings more than 30 years of U.S. government and private sector IT leadership experience to Liquid Robotics. Prior to joining Sun and serving in a number of senior-level positions including Chief Information Officer, Vass had a lengthy public service career. He worked in the Office of the Secretary of Defense at the Pentagon, and was Chief Technology Officer and technical lead for U.S. Army worldwide personnel systems. Earlier, Vass developed large-scale IT engineering and business systems solutions for the oil and gas industry, defense systems integrators and ocean engineering.
“We are fortunate to add an experienced executive like Bill Vass and a leading global energy investor such as VantagePoint to our team,” said Roger Hine, Liquid Robotics’ Founder and Chief Technology Officer. “This important hire and significant round of financing allows us to further develop and market our unconventional technology for exploring and monitoring the world’s marine environment.”

Related Stories
New Offshore Engineering Facility Gains £2.5M Investment
Schlumberger Acquires Rock Deformation Research
Smart Cougar Leaps from Platform to Pipeline
Presentations Illustrate Dimensions of Accurate Marine Mapping
Optech’s Dr. Park to Present at OCEANS’14
Stabil Drill Names Alvarez Sales Manager
Seatronics Adds M3 Multibeam Sonar to Rental fleet
CRA Welcomes New Survey Vessel
Offshore Risk Management Focus at SPE Event
NOC Enters Partnership with UK Royal Navy