AP NEWS

Maana Named Investment of the Year by Global Corporate Venturing

February 12, 2019

MENLO PARK, Calif.--(BUSINESS WIRE)--Feb 12, 2019--Maana, the pioneer of digital knowledge technology, has been named the Investment of the Year across all industries worldwide at a sub-$50 million range at the fourth-annual Global Corporate Venturing & Innovation Summit in Monterey, California.

The recognition underlines the role of corporate venture in furthering three crucial energy trends – widening the group of industries participating in the transformation of energy, extending the geographic reach of new energy-relevant technology, and accelerating the uptake of new energy–relevant technology by large corporations.

“We were humbled to receive an award from Global Corporate Venturing late last year specific to the energy sector and are honored to have Maana named as the top investment of the year across all industries,” said Maana Founder and CEO, Babur Ozden. “Recognitions like these, the corporate venture capital we’ve raised to date, and the strategic partnerships we’ve formed with companies like Accenture are a direct reflection of the increasing demand for our advanced knowledge technology to help accelerate digital transformation across industries.”

Previously Maana was honored by GCV with their inaugural award for Energy–Tech Corporate Venturing Investment of the Year, presented during its Venture Houston conference in November 2019.

Since the company’s inception in 2012, Maana has raised over $70m, including $33m of series C funding from Intel Capital, GE Ventures, Chevron Technology Ventures, Saudi Aramco Energy Ventures, Shell Technology Ventures, Accenture Ventures and CICC.

For more information about GCV, visit: www.globalcorporateventuring.com, and to learn more about Maana, visit: www.maana.io.

About Maana:

Maana organizes the world’s industrial data and human expertise into digital knowledge to enable millions of experts to make better decisions affecting global economy and human civilization. Using our Knowledge Platform™ and its proprietary Computational Knowledge Graph™, Fortune Global 500 industrial companies drive answers to operational questions that direct the future. Operating internationally, Maana is a privately-held company with offices in Menlo Park, California; Bellevue, Washington; Houston, Texas; London, UK; and Dhahran, Saudi Arabia. To learn more about Maana and our Knowledge Platform™, visit www.maana.io.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190212005185/en/

CONTACT: Linda Madden

lmadden@piercom.com

(713) 627-2223

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE OTHER TECHNOLOGY PROFESSIONAL SERVICES CONSULTING OTHER PROFESSIONAL SERVICES

SOURCE: Maana

Copyright Business Wire 2019.

PUB: 02/12/2019 09:00 AM/DISC: 02/12/2019 09:01 AM

http://www.businesswire.com/news/home/20190212005185/en

AP RADIO
Update hourly