DreamFactory Software disclosed issuing $4 million worth of equity

DreamFactory_Logo_RGB_150dpi DreamFactory Software reported closing its $4 million private placement a little over a week ago. All the unregistered equity securities issued were acquired by one investor. A total of eight unregistered securities offerings closed by the company raised an estimated $10.09 million.
DreamFactory Software develops and markets its DreamFactory Services Platform, an open source REST API platform for mobile application developers. The company is backed by New Enterprise Associates.
The company, headquartered in Campbell CA, is led by William Appleton (President). DreamFactory Software elected to keep its revenues undisclosed.
The board of directors includes Aaron Jacobson, Bill Coleman, Eric Rubin and Greg Papadopoulos.

The company has raised an estimated total of $14.09 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: DreamFactory Software
Industry: Other Technology
Amount offered: $4 million
Amount placed: $4 million
SEC filing: Source
First sale: 12-03-2014
Data as of: 12-12-2014

For more information visit www.XDATA.co


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