A2Zlogix raised $25 million from four financial backers on June 20th according to information disclosed by the company. The non-brokered equity offering was fully subscribed. No offering was previously initiated by the company under a registration exemption with the SEC.
A2Zlogix markets and develops content delivery solutions for the communications, media and entertainment industries. The company’s applications include video and image bandwidth reduction to minimize the size of the content while maintaining video and image quality. The company’s content gateway, Advertisement Sync Gateway (ASG), is a mobile device delivery and analytical platform for digital ads and coupons.
The company, headquartered in Edison NJ, was registered this year. Revenues were not disclosed.
The executive team includes Tor Dybfest, Vicky Dal Molin and Vincent James Spinella.
Industry: Other Technology
Amount offered: $25 million
Amount placed: $25 million
First sale: 06-20-2014
Data as of: 07-10-2014
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