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Cegal

Investment date: January 2011

Industry: Tech-Enabled Services

Fund: Fund V

Exit Date: December 2019

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Cegal provides IT operations and geoscience services to clients in the oil and gas industry. The core service is a cloud-based package of software, both commoditized and specialized solutions, targeted at geologists worldwide. Cloud computing enables geoscientists to work remotely while using heavy applications. The company is headquartered in Stavanger, Norway and has six additional offices, including London, Houston, Calgary and Dubai.