|[June 17, 2014]
Security and Surveillance Firm Quantum Technology Sciences Secures $4.4M Series A Round
COCOA BEACH, Fla. --(Business Wire)--
Quantum (News - Alert) Technology Sciences, a rapidly emerging provider of intrusion
detection and movement monitoring solutions designed for securing
energy assets, achieves and closes its targeted $4.4 million series-A
funding round. The investors possess significant pedigrees in oil and
gas production and include Bud Brigham of Anthem Ventures, Jim
Farnsworth, chief exploration officer with Cobalt International Energy,
Oil & Gas, and Texas-based investment firm McNair Group.
edge technology is extremely impressive and addresses the pressing
demand for domestic and international energy infrastructure security,
says Bud Brigham, Anthem Ventures, founder of Brigham
"It is highly validating to have such an impressive group of business
and oil and gas professionals see the potential of not only our
technology, but our company," says Quantum CEO
Mark Tinker, PhD.
For over 15 years, Quantum Technology Sciences has leveraged its
geophysical data acquisition, analysis, and systems expertise to serve
various U.S. government customers. Quantum has served as the prime
contractor for Phase III development and maintenance of the U.S.
National Data Center, the Air Force system that provides national
authorities quality technical analysis to monitor Comprehensive Nuclear
Test Ban Treaty compliance. For other government organizations, Quantum
developed and delivered hundreds of tactical sensor systems for the
monitoring and real-time reporting of threats. This funding round will
support technology commercialization and the initial product platform's
The company's core technology is the first and only security solution
capable of using a single
concealed sensor to detect and automatically classify potential
threats on land, underground, in the air and in the water. The
commercial product line offers significantly greater detection ranges
than are currently available on the market without needing a line of
sight to an intruder, which prevents a threat from being obscured by
weather, darkness, or other obstructions.
About Quantum Technology Sciences
Quantum Technology Sciences designs and sells in-ground security
solutions to safeguard highly valued assets, critical
infrastructure, borders, and perimeters.
Founded in 1991,�Quantum�offers the first and only security solution
capable of using a single concealed sensor to maintain an awareness
perimeter where potential threats on land, underground, in the air and
in the water are detected, tracked, and classified in real-time. For
more information, visit www.qtsi.com.
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