Tagged: financing round

Nexamp placed $14.56 million with one investor


XDATA – June 23rd 2017
One financial backer bought $14.56 million worth of equity offered by Nexamp. According to the filing, it was on June 7th that 74% of the $19.56 million non-brokered offering was subscribed. Based on the offering’s structure, the company has until June 2018 to raise an extra $5 million. The company closed three previous unregistered private placements which raised an estimated $41.86 million.
Nexamp markets solutions for the solar energy development while offering capabilities that span the entire solar project lifecycle from project development, design and construction to financing and operations and maintenance. Investors include Mitsubishi Corp via its wholly-owned subsidiary Diamond Generating Corp.
The company, headquartered in Boston MA, is led by Zaid Ashai (CEO). Nexamp elected to keep its revenues undisclosed.
The executive team includes Robert Pantano.
The board of directors includes Bo Buchynsky, David Martirano and Satoshi Hamada.

The company has raised an estimated total of $56.43 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Nexamp
Industry: Other Energy
Amount offered: $19.56 million
Amount placed: $14.56 million
SEC filing: Source
First sale: 06-07-2017
Data as of: 06-23-2017
Similar transactions
2017-05 Pacific International Energy Solutions reported the full subscription of its $21,000 investment round
2017-05 $4.69 million worth of warrant securities were sold by PLH Group
2017-04 Vasari Energy launched $20 million fundraising effort
2016-07 Solar Alliance Energy reached its $97,000 fundraising target
2016-07 Clean Power Engineering launched $1.5 million mezzanine financing

GCT Semiconductor revised its offering cap upward to $130 million and received $98.92 million in commitments


Change: offered +55% / raised +84% / placed 76%
XDATA – December 2nd 2015
GCT Semiconductor upped its financing to $130 million from $84 million after receiving new commitments. An additional $45.12 million worth of securities was placed by the company with fifteen investors since the company last released data in September 2014. This brings to $98.92 million the amount raised from the twenty-six backers who subscribed to the offering. The offering is structured as indefinite and will remain open until fully subscribed. Up to now GCT Semiconductor had raised an estimated $87.2 million in unregistered securities via one financing round.
GCT Semiconductor designs and markets 4G LTE and WiMAX semiconductor solutions. The company’s system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G platform solutions with small form factors, low power consumption, high performance, high reliability and cost effectiveness. Investors include Samsung Ventures, LG, DoCoMo Capital, SK Telecom, Parakletos Ventures, Pequot Ventures, National Semiconductor, UMC, Anapass, Pericom Semiconductor, UOB Venture, 3V SourceOne Capital, Mizuho Venture Capital, ITX International Holdings, UTStarcom, WI Harper Group, Bokwang Investment, East Gate Capital, AT Ventures, KGI Partners, and Nexus Investment.
The company is headquartered in San Jose CA. GCT Semiconductor elected to keep its revenues undisclosed.
The executive team includes Alex Sum, Gene Kulzer, Jeongmin “jeemee” Kim and John Schlaefer.
The board of directors includes Kyeongho “kh” Lee, Paul Kim, Robert Barker and Sundance Joe.

The company has raised an estimated total of $186.12 million via private unregistered security offerings.

Offering recap
Status: Intermediary close
Company: GCT Semiconductor
Industry: Other Technology
Amount offered: $130 million
Amount placed: $98.92 million
SEC filing: Source
First sale: 04-16-2013
Data as of: 12-02-2015

Online dollar store Hollar raises $12 million


XDATA – December 2nd 2015
Hollar placed $12 million worth of securities as part of a non-brokered equity financing round. The placement, which started a week ago, lured a total of eleven subscribers. Until this disclosure Hollar had raised an estimated $5.55 million in unregistered securities via one previous financing round.
Hollar develops an online “dollar store” eRetail platform offering various consumer products between $2 and $5. The company is affiliated with BAM Ventures and Lightspeed Venture Partners.
Hollar, registered in 2015, is headquartered in Santa Monica CA. It is led by David Yeom (CEO). Revenues were not disclosed.
The executive team includes Danny Rimer and Thanh Khuu.
The board of directors includes Brian Lee and Jeremy Liew.

The company has raised an estimated total of $17.55 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Hollar
Industry: Other
Amount offered: $12 million
Amount placed: $12 million
SEC filing: Source
First sale: 11-25-2015
Data as of: 12-02-2015

Piston Computing disclosed today raising $8.4 million via financing rounds


xdata eggHey 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. You can find the story and many more on qbeats as well.

For more information visit www.XDATA.co

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XDATA now available on qbeats


XDATA_2014_LOGO_2__VECTOR XDATA is pleased to announce its premium source of curated VC financing and private placements is now available on qbeats on a Pay-2-Read and subscription basis. Qbeats’ platform delivers actionable news, analysis and research from expert sources in real time. Its Pay-2-Read technology enables users to create their own personalized news stream and pay only for the content that matters most to them.

In a week’s time XDATA published on qbeats 360 private placements covering $2.2bl offered, $1.8bl committed, and $100 million in additional commitments disclosed via amendments. Among the transactions that went vastly unnoticed this week by the press were:

Hamilton Insurance Group’s $250 million equity placement

– $28 million raised by Bitcoin exchange itBit

– NY-based Indian eCommerce platform Hopscotch issuing $10 million in equity

…to name only a few. XDATA was also first to disclose MongoDB’s $80 million financing round.

XDATA makes Reg D relevant. Focusing on operating companies, it surfaces only important private placements in a deal size and industry agnostic fashion. All transactions are fully auditable, researched and contextualized in near real-time.

Yesterday alone, XDATA reported Sambazon’s $15 million and The Activity Exchange’s $6 million financing rounds which at the time were not broadcasted by the media.

A clients said it best:

“It is refreshing to know there is still research going on in this era of social firehose aggregation leading to error amplification and poor data differentiation among providers.”

For more information go to www.XDATA.co (That’s right .CO not .COM)

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