Tagged: Mobile app

Mobile app SDK developer, Sapho, filed for first close after raising 64% of its financing round


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

For more information visit www.XDATA.co

XDATA – May 7th 2015
$8.25 million worth of mezzanine securities started to be placed by Sapho almost two weeks ago. Based on the information disclosed, a total of eighteen investors bought 64% of the $12.91 million security offering. $4.66 million in additional funding can be raised before April 2016 based on the placement’s structure. Sapho is offering unregistered securities for the first time under regulation D of the Securities Act of 1933.
Sapho markets and develops a software development kit that easily enables developers to build and deploy secure mobile applications (apps) that seamlessly integrate with existing on-premise and cloud-based IT infrastructure. Enterprises can build custom mobile apps that extend infrastructure, software, and services to mobile in a way that is valuable to management and delightful for end users. The company is backed by Great Oaks Venture Capital, SoftTech, Bloomberg Beta, and angel investors Andy Rankin, Brad Jones, and Raymond Tonsing.
Fouad Einaggar (CEO) leads the San Francisco CA based company which was registered in 2013. Sapho kept its revenues undisclosed.
The executive team includes Fouad Elnaggar and Peter Yared.
The board of directors includes Bill Coleman.
Offering recap
Status: First close
Company: Sapho
Industry: Other
Amount offered: $12.91 million
Amount placed: $8.25 million
SEC filing: Source
First sale: 04-24-2015
Data as of: 05-07-2015
Advertisements

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

Brazilian eHailing app 99 Taxis disclosed its recent financing round amount


99TaxisAs it is sadly often the case, someone is rushing to announce that 99 Taxi raised a “sizable amount”  or  “undisclosed” round from Tiger Global and it gets amplified through the maze of interconnected social networks and firehose aggregators. It is so amplified that no one bothers to check public sources which, we agree, the SEC is making somewhat harder to deal with than to hook up to a firehose for trend analysis. Since all blog content on wordpress is made available to the masses by firehose API powerhouse GNIP, we are posting this synopsis in hope it gets amplified and all the hooked-up and hitech (free and expensive) VC databases will get the record straight.

XDATA – February 4th 2015
99 Taxis placed $15 million worth of securities as part of a non-brokered equity financing round. The placement, which started almost two weeks ago, lured a total of twelve subscribers. No offering was previously initiated by the company under a registration exemption with the SEC.
The company is registered in a foreign jurisdiction indicating the amount offered reported may only represent the portion of the placement earmarked by the company for US investors.
99 Taxis develops and markets an eHailing mobile application to get a taxis in São Paulo as well as other cities in Brazil and pay for the ride using PayPal, a debit or credit card. Financial backers include Tiger Global Management, Qualcomm Ventures, and Monashees Capital.
Paulo Veras (CEO) leads the Grand Cayman Cayman Islands based company which was registered in 2013. 99 Taxis elected to keep its revenues undisclosed.
The executive team includes Renato Freitas.
The board of directors includes Ariel Lambrecht, Carlo Dapuzzo and Carlos Kokron.
Offering recap
Status: Completed
Company: 99 Taxis
Industry: Other Travel
Amount offered: $15 million
Amount placed: $15 million
SEC filing: Source
First sale: 01-23-2015
Data as of: 02-04-2015

For more information visit www.XDATA.co

Algorithmic is in the market with a $2.92 million financing round


algorithmic Algorithmic is expecting to raise $2.92 million as part of a non-brokered equity issuance. The company structured the offering to remain open until January 2016 if not fully subscribed. No securities have been subscribed by investors yet. Until this disclosure Algorithmic had raised an estimated $700,000 in unregistered securities via one previous financing round.
Algorithmic markets and develops an iPhone application that automatically groups photos in meaningful and titled events, removes duplicates by selecting the best one and creates an ad-hoc collage to display them.
The company, led by Emmanuel Marot, is headquartered in Bellevue WA. Algorithmic elected to keep its revenues undisclosed.
The executive team includes Gilad Golan.
Offering recap
Status: Launched
Company: Algorithmic
Industry: Other Technology
Amount offered: $2.92 million
Data as of: 01-13-2015


For more information visit www.XDATA.co

MOBO Systems (GoMoBo) reports $10 million investment round


mobo system MOBO Systems raised $10 million as part of a fully subscribed non-brokered equity offering. The subscription, which started on October 10th, lured six investors. No offering was previously initiated by the company under a registration exemption with the SEC.

MOBO Systems markets and develops a payment and ordering platform that allows busy consumers to order, pay for and pick up takeout food without waiting in line.

The company, headquartered in New York NY, is led by Noah Glass (President). MOBO Systems elected to keep its revenues undisclosed.
The board of directors includes Daniel Meyer, David Frankel, James D Robinson and William Dunbar.

Offering recap
Status: Completed
Company: MOBO Systems
Industry: Other Technology
Amount offered: $10 million
Amount placed: $10 million
First sale: 10-10-2014
Data as of: 10-21-2014


For more information visit www.XDATA.co

AnyPresence files details on its $6 million financing


XDATA – September 26th 2014

anypresence AnyPresence raised $6 million from four financial backers three weeks ago according to information disclosed by the company. The non-brokered equity offering was fully subscribed. Two previous unregistered financing rounds raised an estimated $8.55 million.

AnyPresence develops and markets a cloud-based application development platform that securely adapts enterprise systems to support mobile and emerging smart devices. The solution is designed to reduce the time and cost of mobile-enabling enterprise business processes, products, and services, as well as offer the freedom of 100% portable source code.

The company, headquartered in Reston VA, is led by Anirban Chakrabarti (President and CEO). AnyPresence elected to keep its revenues undisclosed.
The executive team includes Richard Mendis.
The board of directors includes Betsy Atkins, Jake Tarr, Joe Del Guercio and Lawson Devries.

The company has raised an estimated total of $14.55 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: AnyPresence
Industry: Other
Amount offered: $6 million
Amount placed: $6 million
First sale: 08-29-2014
Data as of: 09-26-2014

For more information visit www.XDATA.co

Ghostruck files for first close after raising 67%


XDATA – September 24th 2014

ghostruck Ghostruck‘s first close reached $1.2 million. The company’s $1.8 million non-brokered equity issue was 67% sold to twelve investors. The first commitments were received last Friday. $602,000 in additional funding can be raised before September 2015 based on the placement’s structure. The equity offering’s estimated net proceeds will amount to $1.78 million which excludes $20,000 to be paid toward officers’ salaries. Until this disclosure Ghostruck had raised an estimated $35,000 in unregistered securities via one previous financing round.

Ghostruck markets and develops a marketplace where people who need to move their furniture get matched with a moving company that has an empty truck going their way. Users take a snapshot of their belongings via the mobile app and get a quote from a screened, licensed and insured professional mover.

Paul Nathanael Nienaber (CEO) leads the Seattle WA based company which was registered in 2012. Revenues on or below $1 million were reported by Ghostruck.
The executive team includes Andrew Serplus and Damon Strom.
The board of directors includes Aniruddha Gadre and Matthew Hocking.

The company has raised an estimated total of $1.23 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Ghostruck
Industry: Other Technology
Amount offered: $1.8 million
Amount placed: $1.2 million
First sale: 09-19-2014
Data as of: 09-24-2014

For more information visit www.XDATA.co

Fleksy reported a 7% increase in subscription for its mezzanine offering


Change: offered +0% / raised +7% / placed 73%

XDATA – September 16th 2014

fleksy Fleksy disclosed placing additional mezzanine securities and completing 73% of its $2 million financing. One new investor bought $100,000 worth of securities since the company last released data almost two weeks ago. This brings to $1.45 million the amount raised from the seven backers who subscribed to the offering. The subscription is structured to close once the 27% left is fully subscribed or in about a year at the latest. Up to now Fleksy had raised an estimated $3.2 million in unregistered securities via one financing round.

Fleksy develops and markets a keyboard application for connected devices. The keyboard has been designed to be easy and fast. Financial backers include by Highland Capital Partners, Kleiner Perkins Caufield & Byers, and Middleland Capital.

The company is headquartered in San Francisco CA. Fleksy kept its revenues undisclosed.
The executive team includes Ioannis Verdelis and Konstantinos Eleftheriou.
The board of directors includes Brian Mixer.

The company has raised an estimated total of $4.65 million via private unregistered security offerings.

Offering recap
Status: Intermediary close
Company: Fleksy
Industry: Other Technology
Amount offered: $2 million
Amount placed: $1.45 million
First sale: 08-22-2014
Data as of: 09-16-2014


For more information visit www.XDATA.co

Sidecar Technologies files for first close after raising 88%


XDATA – September 15th 2014

sidecar Sidecar Technologies‘ first close reached $15.87 million. The company’s $18 million non-brokered equity issue was 88% sold to eleven investors. The first commitments were received on August 29th. Based on the offering’s structure, the company has until August 2015 to raise an extra $2.13 million. Two previous unregistered financing rounds raised an estimated $11.6 million.

Sidecar Technologies markets and develops a smartphone application that matches people for shared rides for every occasion and price point. The company is backed by Avalon Ventures, Union Square Ventures, Lightspeed Venture Partners, Google Ventures and Sir Richard Branson.

The company, headquartered in San Francisco CA, is led by Sunil Paul (President). Sidecar Technologies elected to keep its revenues undisclosed.
The executive team includes Jahan Khanna.
The board of directors includes Fred Wilson, Justin Caldbeck and Robert Goldberg.

The company has raised an estimated total of $27.48 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Sidecar Technologies
Industry: Other Technology
Amount offered: $18 million
Amount placed: $15.87 million
First sale: 08-29-2014
Data as of: 09-15-2014


For more information visit www.XDATA.co

Alcohoot filed for first close after raising 83% of its financing round


XDATA – September 9th 2014

alcohoot$500,000 worth of mezzanine securities started to be placed by Alcohoot on August 19th. Based on the information disclosed, a total of eleven investors bought 83% of the $600,000 security offering. Based on the offering’s structure, the company has until August 2015 to raise an extra $100,000. One prior placement was closed under regulation D by the company and raised an estimated $1.25 million.

Alcohoot markets and develops a device that plugs in the headphone jack to turn smartphones into breathanalyzers. The tool, in conjunction with the mobile application, helps users track their bodies’ reaction to alcohol and become smarter drinkers. The device leverages the same FDA-registered fuel cell sensor used by police and military devices.

Christopher G Ayala (CEO) leads the New York NY based company which was registered in 2012. Alcohoot kept its revenues undisclosed.
The executive team includes Max Koeppel.
The board of directors includes Caleb Koeppel, Jonathan Ofir and Lisa D Kabnick.

The company has raised an estimated total of $1.75 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Alcohoot
Industry: Other Technology
Amount offered: $600,000
Amount placed: $500,000
First sale: 08-19-2014
Data as of: 09-08-2014

For more information visit www.XDATA.co