String Enterprises Obtains $1,101,084 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=998fe1d1-0d15-463f-bf61-4cef34160488&Preview=1
Date
9/24/2012
Company Name
String Enterprises
Mailing Address
3266 N Arsenal Avenue Indianapolis, IN 46218
Company Description
While the name of String Enterprises Inc. was taken from a high-level concept in modern physics, the current focus of the company is on the eminently practical idea to make software to help manage an automotive business.
Website
Undisclosed
Transaction Type
Venture Equity
Transaction Amount
$1,101,084
Transaction Round
Undisclosed
Proceeds Purposes
Kolodziej said the bulk of the money will go toward marketing and sales of its current product, which will focus on the automotive industry for the next year or so.
M&A Terms
Venture Investor
Individual Investor
Venture Investor
Individual Investor