Change: offered +0% / raised +63% / placed 89%
Sense disclosed having increased subscription by 63% on its $1.1 million mezzanine financing. An additional $381,000 worth of securities was placed by the company with four investors since the company last released data on April 3rd. This brings to $981,000 the amount raised from the twelve backers who subscribed to the offering. The subscription is structured to close once the 11% left is fully subscribed or in about a year at the latest. This is the first time securities are issued by Sense under a registration exemption.
The company is developing a collaborative cloud-based platform for data science and big data analytics. The platform is currently in beta and free to use. Planned pricing will go from $19 per month for a simple individual plan to $2499 per month for enterprise grade accounts.
Tristan Zajonc (President) leads the San Francisco CA based company which was registered in 2012. Sense kept its revenues undisclosed.
Status: Intermediary close
Industry: Other Technology
Amount offered: $1.1 million
Amount placed: $981,000
First sale: 03-19-2014
Data as of: 04-21-2014