Connect Software reported the completion of a $10.33 million financing round


connect software$10.33 million was raised by Connect Software following the successful placement and issuance of its unregistered equity securities. A total of fifty-two investors participated to the non-brokered placement which started last Thursday. Until this disclosure Connect Software had raised an estimated $5 million in unregistered securities via one previous financing round.

Connect Software markets and develops a personal relationship management application (app). The smartphone and web app help users centralize and re-connect with friends and contacts gathered from phone and social networks including Twitter, Facebook, Foursquare, Instagram, LinkedIn and Google. The app shows on a map where contacts have checked in or posted something. The app can be used to send notifications to nearby connections or identify friends or contacts in a given city. The service is available for iOS and on the web.

Ryan Allis (President) leads the San Francisco CA based company which was registered in 2013. No revenues were reported by the company.
The executive team includes Anima Sarah Lavoy.
The board of directors includes Zhoujia Bao.

The company has raised an estimated total of $15.33 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Connect Software
Industry: Other Technology
Amount offered: $10.33 million
Amount placed: $10.33 million
First sale: 10-23-2014
Data as of: 10-28-2014

For more information visit www.XDATA.co

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s