NXT-ID Obtains $4,500,000 New Financing Round

  • Feed Type
  • Date
    8/1/2016
  • Company Name
    NXT-ID
  • Mailing Address
    288 Christian Street Oxford, CT 06478 USA
  • Company Description
    The founders of NXT-ID were an integral part of the senior management teams at Technest Holdings, Inc., and its subsidiary Genex Technologies. Genex Technologies was founded in 1995 to develop and commercialize the unique Rainbow method of capturing 3D data.
  • Website
    http://www.nxt-id.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. 5 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