Fleksy reports first close at $1.35 million on its mezzanine offering

XDATA – September 4th 2014

syntellia Fleksy placed 68% of its non-brokered mezzanine financing with six backers. The company launched the offering to raise $2 million, so far investors started to subscribe to $1.35 million almost two weeks ago. $650,000 in additional funding can be raised before August 2015 based on the placement’s structure. One prior placement was closed under regulation D by the company and raised an estimated $3.2 million.

Fleksy markets and develops a keyboard application for connected devices. The keyboard has been designed to be easy and fast. Financial backers include by Highland Capital Partners, Kleiner Perkins Caufield & Byers, and Middleland Capital.

The company is headquartered in San Francisco CA. Fleksy kept its revenues undisclosed.
The executive team includes Ioannis Verdelis and Konstantinos Eleftheriou.
The board of directors includes Brian Mixer.

The company has raised an estimated total of $4.55 million via private unregistered security offerings.

Fleksy is registered under the name Syntellia

Offering recap
Status: First close
Company: Fleksy
Industry: Other Technology
Amount offered: $2 million
Amount placed: $1.35 million
First sale: 08-22-2014
Data as of: 09-04-2014

For more information visit www.XDATA.co


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