TextPower Secures $525,000 Series A Financing Round

  • Feed Type
  • Date
    10/18/2013
  • Company Name
    TextPower
  • Mailing Address
    27134-A Paseo Espada San Juan Capistrano, CA 92675
  • Company Description
    TextPower, Inc., was formed by two veteran entrepreneurs with deep experience in the wireless industry. We believe that there is a significant role to be played in the connectivity between people and machines that provides updates, alerts, information and more via messages sent directly to a user’s phone triggered by an event or threshold being reached.
  • Website
    http://www.textpower.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $525,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    We will use the investment to enhance our sales and marketing in the utility and enterprise areas for our SmartAlerts, as well as growing our website security business,” said Mark Nielsen.
  • M&A Terms
  • Venture Investor
    Tech Coast Angels
  • Venture Investor
    Orange County Capital Development Corp