Reflektion unveils $4 million unregistered mezzanine placement


XDATA – October 21st 2015
A total of nineteen backers bought $3.02 million worth of unregistered mezzanine securities issued by Reflektion. The company is anticipating to raise $4 million via the non-brokered private placement. The subscription started a couple of months ago according to the information disclosed. Based on the offering’s structure, the company has until July 2016 to raise an extra $977,000. The company closed three previous unregistered private placements which raised an estimated $13.32 million.
Reflektion markets and develops an eCommerce platform offering a complete personalization solution including personalized site search, predictive recommendation, email campaign and content optimization. The company is backed by leading investors including Intel Capital and Nike.
The company, headquartered in San Mateo CA, is led by Sean Moran (President and CEO). Reflektion kept its revenues undisclosed.

The company has raised an estimated total of $16.34 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Reflektion
Industry: Other Technology
Amount offered: $4 million
Amount placed: $3.02 million
SEC filing: Source
First sale: 07-24-2015
Data as of: 10-13-2015

Hey if you didn’t know about it, maybe it is time to add XDATA as part of your market monitoring regimen, 14 days free trials are available¬†here.

For more information visit www.XDATA.co

Advertisements

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