BidPal Garners $2,500,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=40f909b5-2346-4a1e-baa3-117b8c8c00c4
Date
10/25/2013
Company Name
BidPal
Mailing Address
8425 Woodfield Crossing Indianapolis, IL 46240
Company Description
BidPal Network has developed an innovative solution that wirelessly automates and accelerates the auction process. BidPal’s system enables guests to place bids on silent auction items at any time and from anywhere during the event. Using a BidPal device, guests browse items and monitor bids wirelessly.
Website
http://www.bidpalnetwork.com
Transaction Type
Debt
Transaction Amount
$2,500,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. Contact technology company for any solicitation details, if applicable.
M&A Terms
Venture Investor
Undisclosed