Tagged: internet of things

Silk Labs launched a $2.53 million offering and placed 88%


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XDATA – November 9th 2015
According to a document filed by Silk Labs with the SEC, the company launched a $2.53 million non-brokered equity offering. So far Silk Labs sold 88% or $2.23 million worth of new unregistered securities to ten backers. The subscription started on October 26th. Based on the offering’s structure, the company has until October 2016 to raise an extra $300,000. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC.
Silk Labs develops an internet of things communication platform designed to enable smart devices to capture data from their sensors and send it over the network.
Silk Labs, registered in 2015, is headquartered in San Carlos CA. It is led by Andreas Gal (CEO). Revenues were not disclosed.
The executive team includes Christopher Jones.
Offering recap
Status: First close
Company: Silk Labs
Industry: Other Technology
Amount offered: $2.53 million
Amount placed: $2.23 million
SEC filing: Source
First sale: 10-26-2015
Data as of: 11-05-2015

AgLogica Holdings disclosed issuing $3.5 million worth of equity


XDATA – October 22nd 2015
AgLogica Holdings reported closing its $3.5 million private placement on October 2nd. All the unregistered equity securities issued were acquired by one investor. The equity offering’s estimated net proceeds amount to $3.2 million excluding $300,000 earmarked for the payment of officers’ salaries. No offering was previously initiated by the company under a registration exemption with the SEC.
AgLogica Holdings markets and develops the AgLogica Behavior Monitoring System – a breakthrough technology that pairs on-animal sensors with the company’s cloud analytics platform. Proprietary algorithms create valuable behavioral insights that help dog owners and veterinarians provide the highest level of health care for their dogs.
The company was registered in 2013 and has its headquarters located in Norcross GA. No revenues were reported by the company.
The executive team includes Marcel J Sarzen.
The board of directors includes Richard Shuler and Yongguo Hu.
Offering recap
Status: Completed
Company: AgLogica Holdings
Industry: Other Technology
Amount offered: $3.5 million
Amount placed: $3.5 million
SEC filing: Source
First sale: 10-02-2015
Data as of: 10-22-2015

 

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Nebbiolo Technologies files for first close after raising 64%


XDATA – October 19th 2015
Nebbiolo Technologies‘ first close reached $3.53 million. The company’s $5.53 million non-brokered equity issue was 64% sold to thirteen investors. The first commitments were received a week ago. The offering has been structured to remain open until an additional $2 million worth of securities is subscribed in full. Until this disclosure Nebbiolo Technologies had raised an estimated $750,000 in unregistered securities via one previous financing round.
The company is focused on the application of internet of things technologies in the field of industrial automation.
Nebbiolo Technologies, registered in 2015, is headquartered in Milpitas CA. It is led by Flavio Bonomi (President and CEO). Revenues were not disclosed.

The company has raised an estimated total of $4.28 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Nebbiolo Technologies
Industry: Other Technology
Amount offered: $5.53 million
Amount placed: $3.53 million
SEC filing: Source
First sale: 10-12-2015
Data as of: 10-19-2015

 

Hey 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.

For more information visit www.XDATA.co

Connected car platform developer Vinli reports $6.5 million investment round


vinliHey 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.

Vinli raised $6.5 million as part of a fully subscribed non-brokered equity offering. The subscription, which started on May 22nd, lured five investors. No offering was previously initiated by the company under a registration exemption with the SEC.
Vinli develops and commercializes an open source connected-car platform that connects to the car’s data port. Smartphone and computer applications enable users to communicate with their car and make them smarter.
The company was registered in 2014 and has its headquarters located in Dallas TX. Vinli elected to keep its revenues undisclosed.
The executive team includes Derek Chapin and Mahmoud Haidar.
The board of directors includes David Liniado, Luis Arbulu and Scott Harper.
Offering recap
Status: Completed
Company: Vinli
Industry: Other Technology
Amount offered: $6.5 million
Amount placed: $6.5 million
SEC filing: Source
First sale: 05-22-2015
Data as of: 06-05-2015

For more information visit www.XDATA.co

kitesurfing jump sensor developer, Woo Sports closes $2.7 million financing round


woo sportsHey 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.

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The sprinkler IoT battle is on


 

rachioRachio Vs.  lonoLono

The battle of the ultimate smart and connected sprinkler controller is happening…

Time to add XDATA as part of your market monitoring regimen, 14 days free trials available here.


For more information visit www.XDATA.co

IoT semiconductor developer Immedia closes a new financing round

IoT ring developer Nod raises a major financing round


nodNot as pretty as Ringly‘s, very similar to Fin Robotics‘, but backed by much more dinero. Looks like the focus is moving from the wrist down to the finger in the connected wearable arena. This is Nod’s second round, see the details here or there.

For more information visit www.XDATA.co

Wireless Seismic files details on its $10.5 million financing

Rachio files for first close after selling 74%


rachioA first close of $2.49 million was initiated by Rachio on its $3.38 million equity offering. So far twenty-seven investors committed to the non-brokered placement which started today. Based on the offering’s structure, the company has until October 2015 to raise an extra $895,000. Two previous unregistered financing rounds raised an estimated $1.2 million.

Rachio markets and develops a smart sprinkler controller for yards. The device, once linked to WiFi, will automatically adjust for changes in weather and seasonality, using weather intelligence and analytics. The controller can be manually controlled via smartphones. The application is available for iOS and Android. The device retails for $249. The company is a winner of the Colorado Innovation Challenge and APEX Challenge.

Christopher Klein (President and CEO) leads the Denver CO based company which was registered in 2013. Rachio elected to keep its revenues undisclosed.
The executive team includes Franz Garsombke and Gary Stone.
The board of directors includes Jordan Mendell.

The company has raised an estimated total of $3.69 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Rachio
Industry: Other Technology
Amount offered: $3.38 million
Amount placed: $2.49 million
First sale: 10-31-2014
Data as of: 10-31-2014

For more information visit www.XDATA.co