TermSync Secures $2,200,000 New Financing

  • Feed Type
  • Date
    7/27/2012
  • Company Name
    TermSync
  • Mailing Address
    5957 McKee Rd. Fitchburg, WI 53719
  • Company Description
    TermSync, Inc. is an accounts receivable automation platform that ensures businesses get paid faster and receive more visibility from customers without having to make a collection call. Founder Mark Wilson, CPA, experienced firsthand the pains companies go through to get cash in the door while he served in various accounting leadership positions.
  • Website
    http://www.termsync.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,200,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The additional financing will be used to further scale operations, develop advanced product features and aggressively increase sales and marketing initiatives.
  • M&A Terms
  • Venture Investor
    Undisclosed