Mcor Technologies Obtains $12,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f7055888-fcee-4df4-a8e3-942e5db204a8
Date
6/14/2014
Company Name
Mcor Technologies
Mailing Address
189 W. Santa Clara St. San Jose, CA 95113 USA
Company Description
Mcor Technologies Continues Extraordinary Annual Growth; Secures $12m from WHEB; Reports Increases of 308% in Sales and 227% in Channel
Website
http://www.mcortechnologies.com
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Rapid sales expansion prompted a new infusion of a total round of $12m in growth capital for Mcor led by investment firm WHEB.
M&A Terms
Venture Investor
Venture Investor