VGTel Secures $2,000,000 New Funding

  • Feed Type
  • Date
    5/1/2014
  • Company Name
    VGTel
  • Mailing Address
    400 Rella Blvd. Montebello, NY 10901 USA
  • Company Description
    Through acquisitions and organic growth, VGTel is striving to become a major player in the charitable and internet sweepstakes gaming industries. This is an explosive growth area revolving around the distribution of sweepstakes gaming machines that have the look and feel of casino gaming devices, but that are legally permitted in most states.
  • Website
    http://www.360entertainmentandproductions.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With this new investment, VGTel will continue the expansion of its operations as it implements its global growth initiatives in new media and entertainment.
  • M&A Terms
  • Venture Investor