Oluma Secures Fourth Round of Funding

Oluma completes the initial closing of its $9M fourth round of funding. Convergence Partners leads this new round of funding along with current investors Infinity Capital and Foundation Capital. "We are excited to lead this round of investment in Oluma' says Convergence Partners Russ Irwin. "The Oluma pressure and temperature systems bring price and performance levels not before available in the fiber optic sensing markets'. Oluma will use the additional funds for deployment of their fiber optic pressure and temperature sensors as well as development of new sensors for Oil & Gas production and industrial monitoring.
For further information please contact sales@oluma.com.

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About Oluma

Oluma, Inc. (www.oluma.com) is a successful, pre-IPO optical sensor company that designs, manufactures, and markets a suite of high performance fiber-optic pressure and temperature sensors based on Oluma's patented platform. Oluma's core technologies allow rapid migration away from the limitations of performance-challenged sensors into powerful, integrated optical sensing solutions. For more information, please contact sales@oluma.com