Passport Systems Obtains $3,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=35d9e1dd-ead8-4c07-a681-9caad5012856
Date
3/29/2016
Company Name
Passport Systems
Mailing Address
70 Treble Cove Road 1st Floor Billerica, MA 01862 USA
Company Description
Passport was founded in December 2002 with the express purpose of commercializing NRF technology to solve one of the world’s most pressing security problems, the non-intrusive inspection of cargo containers.
Website
http://www.passportsystems.com
Transaction Type
Debt
Transaction Amount
$3,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. 12 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed