|XDATA – June 12th 2017|
|Not to be confused with Utility.com as on Crunchbase.
Utility raised $6.6 million from three financial backers on May 22nd according to information disclosed by the company. The non-brokered equity offering was fully subscribed. No offering was previously initiated by the company under a registration exemption with the SEC.
|Utility markets and develops an intuitive platform for effectively capturing, managing and releasing video evidence. The company’s BodyWorn camera and Rocket IoT in-car video system incorporates real-time communications and policy-based automatic recording functionality for the best situational awareness possible during critical times, while it’s AVaiL Web cloud-based digital evidence management solution securely stores captured evidence and offers Smart Redaction – an automatic video redaction software.|
|The company is headquartered in Atlanta GA. Utility elected to keep its revenues undisclosed.
The executive team includes Robert S McKeeman and Ted M Davis.
Utility is registered under the name Utility Associates.
Industry: Other Technology
Amount offered: $6.6 million
Amount placed: $6.6 million
SEC filing: Source
First sale: 05-22-2017
Data as of: 06-12-2017