Austin-based Omni Water Solutions has received $4 million in financing. The company, which was founded in 2010, develops fracking technology for hydraulic fracking operations. This round of funding comes one year after it raised $7.9 million from 19 investors.
Omni Water Solutions is still in its early growth stages, and the company has said it plans to use the funding to expand its marketing outreach to oil companies interested in using recycled water for their fracking operations.
Read more about Omni Water Solutions here.