smartDIGITAL Secures $2,700,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c9c2103-2fde-4d6b-8c82-b4bf9fd427a3&Preview=1
Date
5/30/2012
Company Name
smartDIGITAL
Mailing Address
1727 S. Indiana Ave Chicago, IL 60616
Company Description
smartDIGITAL is a digital media company focused on developing technology-based products that increase communication and enhance consumer’s access to technology. SD has built strong, innovative public and private partnerships that drive revenue while providing cities and towns with environmentally friendly communication solutions.
Website
http://www.smartdigitalinc.com
Transaction Type
Venture Equity
Transaction Amount
$2,700,000
Transaction Round
Series A
Proceeds Purposes
smartDIGITAL displays are already available in Chicago and Miami, says co-founder and CEO George Burciaga, with plans to roll them out to 10 markets over the next 36 months.
M&A Terms
Venture Investor
Advantage Capital Partners
Venture Investor
Metropolitan Capital Bank