Veros Systems Raises $5 Million in Series A Financing and Appoints a New CEO

Veros Systems Raises $5 Million in Series A Financing and Appoints a New CEO

COLLEGE STATION, TX — (Marketwired) — 07/16/13 — Veros Systems Incorporated ("Veros"), announced today that it has raised $5 million in capital from Austin Ventures and LiveOak Venture Partners. Veros has developed an industrial monitoring solution that combines predictive analytics with big data management in a cost-efficient solution to provide dramatic improvement in managing mission critical industrial assets.Jim Dechman will join Veros as President and CEO. Most recently, Mr.