Fleksy reported a 7% increase in subscription for its mezzanine offering

Change: offered +0% / raised +7% / placed 73%

XDATA – September 16th 2014

fleksy Fleksy disclosed placing additional mezzanine securities and completing 73% of its $2 million financing. One new investor bought $100,000 worth of securities since the company last released data almost two weeks ago. This brings to $1.45 million the amount raised from the seven backers who subscribed to the offering. The subscription is structured to close once the 27% left is fully subscribed or in about a year at the latest. Up to now Fleksy had raised an estimated $3.2 million in unregistered securities via one financing round.

Fleksy develops and markets 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 $4.65 million via private unregistered security offerings.

Offering recap
Status: Intermediary close
Company: Fleksy
Industry: Other Technology
Amount offered: $2 million
Amount placed: $1.45 million
First sale: 08-22-2014
Data as of: 09-16-2014

For more information visit www.XDATA.co


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