Electric Objects completed a $5m offering


Similar companies that raised funds in 2015/14 include: Daylighted and Meural

 

Electric Objects issued equity for a total of $5 million in a non-brokered investment round. The transaction which started almost two weeks ago, garnered the support of seventeen investors. Until this disclosure Electric Objects had raised an estimated $1.7 million in unregistered securities via one previous financing round.
Electric Objects designs and markets E01, a high-definition and Wi-Fi enabled screen with integrated sensors and powerful graphics processing capabilities to display images and artwork. Investors include RRE, First Round, SV Angel, Dennis Crowley, Alberto Ibarguen, Scott Belsky, Kal Vepuri, Scott Birnbaum, Rich Greenfield, Matt Witheiler, Betaworks, Strauss Zelnick, Nate Westheimer, and Alex Rosen.
Jake Levine (CEO) leads the New York NY based company which was registered in 2013. Electric Objects elected to keep its revenues undisclosed.

The company has raised an estimated total of $6.7 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Electric Objects
Industry: Other Technology
Amount offered: $5 million
Amount placed: $5 million
SEC filing: Source
First sale: 08-28-2015
Data as of: 09-02-2015

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