Worldwide Networks (DBA Firefly) is in the market with a $500,000 non-brokered mezzanine placement. The placement, which hasn’t started to sell, is structured to close in May 2015 or once the placement is fully subscribed. The mezzanine offering’s estimated net proceeds will amount to $440,000 which excludes $60,000 to be paid toward officers’ salaries. This is the first time the company is filling a security offering under a registration exemption with the SEC.
The company developed and will launch an online dating platform that unlike its counterparts is focusing on introducing a small number of singles to one another. The social platform targets friends of friends, in other words singles that have a friend in common.
Clayton Spencer (CEO) leads the New York NY based company which was registered in 2013. Worldwide Networks kept its revenues undisclosed.
The executive team includes Jonathan Kieliszak.
Company: Worldwide Networks
Industry: Other Technology
Amount offered: $500,000
Data as of: 05-02-2014
Anomo, Inc. announced the first close of its $400,000 non-brokered equity offering. The company placed $305,000 with one investor which brings to $700,000 the total estimated amount raised via equity issuance since 2012. According to an article published by GeekWire, Amit Mital and Lee Zehrer are among the company’s backers.
The company developed a mobile social network where users create avatars to get to know each other based on their interests as opposed to what they look like. A practice coined as “social discovery”. While the primary application of the network revolves around dating, it can also be used in a number of different ways including making business connections. The application (app) is location based (instead of proximity based) which means users can interact with one another at an exact location. Downloads are available for iOS and Android. It is unclear how the company intends to monetize the app though Pirq CEO, James Sun is a financial backer and on the executive team.
The company, headquartered in Bellevue WA, was founded in December 2011 by Benjamin Liu. The executive team includes David Hajdu as well.
Ignighter, Inc., does business as StepOut, raised 70% of its mezzanine offering from six investors. No dealer or broker was associated with the placement. The company which was founded in 2008 raised up to now an estimated $7.7 million in equity and mezzanine securities. A host of venture capital firms have backed the company over the years and include: GTI Capital Group, Tribeca Venture Partners (formerly GSA Venture Partners), Founder Collective and Point Judith Capital.
Ignighter, Inc. despite being headquartered in New York, NY, focuses solely on the Indian market. The company started to do so in early 2011, time at which it was re-branded as StepOut. The company manages a social networking platform which allows users to find people sharing the same interest in their area.
Ignighter was founded in August 2008 and was a TechStars’ startup accelerator. The company is led by Adam Sachs (CEO), Daniel Osit (COO) and Kevin Owocki (CTO).