One of Austin's fastest-growing companies reports $25.1M infusion

Sep 17, 2013
Austin Business Journal

Drilling Info Holdings Inc. received $25.1 million of a planned $30.1 million financing


The Austin-based company — among the fastest-growing in Austin — collected the capital from six investors


Drilling Info, which was founded in 1999, operates DrillingInfo.com, a website providing data analysis services to the oil and gas industry. It employs 450 workers


In July, the company completed a $4.8 million financing from seven investors. The funding came two weeks after it announced buying Denver-based Transform Software & Services Inc., marking the company’s third acquisition since completing a $165 million financing in March 2012


In December 2012, Drilling Info bought for an undisclosed amount the assets of Wellstorm Development Inc., a Dripping Springs-based information management and development company. In July 2012, it acquired Grand Prairie-based County Scans for an undisclosed amount


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