inMotionNow, Inc. successfully completed the direct placement of a $500,000 equity offering to Madison River Ventures (MRV). MRV initially invested $750,000 in the company’s equity on December 30th 2011. The company has less than 50 employees and declined to disclose its revenues.
The company’s product, called inMotion, is an all-in-one enterprise solution for the creative production process of print, video, and interactive content. It includes fully integrated online proofing, project and creative brief management. The cloud-hosted solution enables companies to manage and track creative content and projects in a centralized location. Users can review and markup proofs online and deliver approval back to the creative professional in minutes, from any internet-enabled device or through the inMotionNow app for iPhone and iPad.
inMotionNow, Inc., founded in December 2006 as PROOFitONLINE.com LLC, is headquartered in Morrisville, NC. Concurrently to the financing, the founder Robert Munz stepped down as CEO to become Chief Product Officer. He remains on the board of directors and was replaced by Ben Hartmere. MRV is represented on the board of directors by Phil and Steve Vanderwoude. Henry Watkins an advertising executive is on the board as well