|Change: offered +26% / raised +73% / placed 100%|
|XDATA – October 7th 2015|
|Zanbato closed its unregistered equity offering after increasing the placement’s size by 26% to $15.06 million. The offer closed after the company raised $6.36 million from two additional investors within six months. At closing, a total of twenty-five investors had subscribed to Zanbato‘s offering. Up to now Zanbato had raised an estimated $200,000 in unregistered securities via one financing round.|
|Zanbato develops transaction management platform for family offices and other institutional investors to invest in private placements. The platform provide members with access to investment opportunities, aligned co-investment partners, and a suite of tools to coordinate and evaluate transactions. Financial backers include AITV (Accelerate-IT Ventures) and Formation 8.|
|The company, headquartered in Mountain View CA, is led by Knut Nicolai Sand (CEO). Zanbato elected to keep its revenues undisclosed.
The executive team includes Gregory L Wright and Victor Chiang.
The board of directors includes Bill M Malloy and Joseph Lonsdale.
The company has raised an estimated total of $15.26 million via private unregistered security offerings.
Industry: Other Technology
Amount offered: $15.06 million
Amount placed: $15.06 million
SEC filing: Source
First sale: 03-20-2015
Data as of: 10-02-2015
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