|For more information and other transactions visit www.XDATA.co|
|XDATA – November 2nd 2015|
|Weave issued equity for a total of $22.41 million in a non-brokered investment round. The transaction which started on October 16th, garnered the support of sixteen investors. Until this disclosure Weave had raised an estimated $5.98 million in unregistered securities via one previous financing round.|
|Weave develops a smart application embedded in a next generation phone that synchronizes dental practice customer relation management software with telephone service. The services will automatically provide information to the receptionist about the caller as well as a task list such as scheduling the next cleaning appointment. Investors include A Capital, Homebrew, Fuel Capital, SV Angel, Y Combinator and Initialized Capital.|
|Weave, registered in 2015, is headquartered in Lehi UT. It is led by Brandon Rodman (President and CEO). Revenues were not disclosed.
The executive team includes Clint Berry and Jared S Rodman.
The board of directors includes Blake Modersitzki and David Silverman.
The company has raised an estimated total of $28.28 million via private unregistered security offerings.
Weave is registered under the name Weave Communications.
Industry: Business Services
Amount offered: $22.41 million
Amount placed: $22.29 million
SEC filing: Source
First sale: 10-16-2015
Data as of: 10-30-2015