Skynet Labs

http://www.skynetlabs.com

Startupbootcamp // Startupbootcamp Dublin / HealthXL 02/01/12 starting 2012-02-01

Key notes: Skynet Labs provides oil and gas companies with scalable and integrated software tools for exploration and production.

Office address: The Digital Depot , Thomas St, Dublin, Dublin, Ireland

Description: Skynet Labs provides oil and gas companies with leading edge information technology, software, to increase the efficiency of their drilling and workover operations. They are saving the Oil & Gas industry time and money in their calculation workflow at the upstream engineering level by using software to consolidate and solve paper based and dynamic problems. Skynet Labs' cloud based drilling applications will revolutionize the way exploration and development engineers use and manage their project data and calculations, through the use of cloud computing and mobile devices. In 2012 they will lead their product release DUC (Drilling Unit Calculator) which offers oilfield operators, engineers, planners, and technicians the ability to perform complex conversions in seconds, using industry standard calculation and conversion algorithms. Their products remove the pains of existing paper based logging and calculations systems – light software made for oil and gas engineers, crafted by oil and gas engineers and based on industry standard directives from the International Well Control Forum (IWCT). The DUC suite offers oilfield operators, engineers, planners, and technicians the ability to make complex calculations in seconds, using more than 100 of the industry’s leading drilling calculation tools. On top of the DUC product, Skynet aim to develop dynamic information capture systems for the oil rig live drilling environment. Smartphones and tablets are becoming a powerful tool for the oil and gas industry, allowing engineers to literally “take their offices to the field.” It provides the convenience of e-mail, calendar, contacts, word processing, and spreadsheet calculation/conversion processing. With the help of a Senior Drilling supervisor and a Senior Drilling Operations manager, they have identified several applications that have not yet been made available within the cloud or on mobile devices.

View details on Crunchbase:

http://www.crunchbase.com/organization/skynet-labs

$ 773,511 over 6 funding rounds.

Angellist Page:

https://angel.co/skynet-labs

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Funding Rounds

Date	Name	$ Invested	Crunchbase link
2013-02-01	seed	$ 30,000	Detailed data
2012-01-01	seed		Detailed data
2012-12-01	seed	$ 283,000	Detailed data
2012-06-01	seed	$ 40,000	Detailed data
2013-12-01	seed	$ 324,000	Detailed data
2012-03-12	seed	$ 12,000	Detailed data

Investors

Round Date	Round Name	Investor	Crunchbase Link
2012-03-12	seed	Startupbootcamp	Investor Profile
2012-01-01	seed	SOSV	Investor Profile
2013-02-01	seed	SURGE Accelerator	Investor Profile
2012-01-01	seed	Startupbootcamp	Investor Profile
2012-12-01	seed	Enterprise Ireland	Investor Profile
2013-12-01	seed	SOSV	Investor Profile
2012-12-01	seed	SOSV	Investor Profile
2012-06-01	seed	Mercury Boy ltd	Investor Profile