Cheddar reports $3 million investment round


www.XDATA.co
XDATA – February 19th 2016
Cheddar raised $3 million as part of a fully subscribed non-brokered equity offering. The subscription, which started on February 4th, lured six investors. No offering was previously initiated by the company under a registration exemption with the SEC.
The company is a business news organization that streams live content primarily from the New York Stock Exchange trading floor. Investors include Jeremy Liew, WGI Group, Homebrew, Jerry Speyer and David Fiszel.
Cheddar, registered in 2016, is headquartered in New York NY. It is led by Jonathan Steinberg (President). Revenues were not disclosed.
The board of directors includes Jeremy Liew.
Offering recap
Status: Completed
Company: Cheddar
Industry: Other
Amount offered: $3 million
Amount placed: $3 million
SEC filing: Source
First sale: 02-04-2016
Data as of: 02-11-2016

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