VisibleGains (fka PermissionTV), a Waltham, MA, provider of interactive online video technology for the B2B market, has raised $2 million in a new financing deal, according to an SEC filing. Company CEO Cliff Pollan told Xconomy that his firm was raising money from its previous backers Point Judith Capital and Castile Ventures in October, when Wade covered the transformation of VisibleGains’ business model to focus on the B2B market. Pollan wasn’t immediately available for comment at his office this morning. The company has raised the new financing through the sale of options, warrants, and/or other rights to acquire its stock to a total of 19 unnamed investors, according to its regulatory filing.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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