Picateers Secures $6,600,000 Series A Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7d569f6c-0132-48a6-8a25-8dfd14315b27&Preview=1
Date
8/22/2008
Company Name
Picateers
Mailing Address
1720 S. Amphlett Blvd. San Mateo, CA 94402
Company Description
Picateers is a unique, innovative portrait company that makes it possible for schools, teams and organizations to run their own portrait programs while raising money at the same time. Parents get outstanding pictures that are spontaneous and natural. Schools and organizations get 50% back on all photo sales. Everyone is a winner!
Website
http://www.picateers.com
Transaction Type
Venture Equity
Transaction Amount
$6,600,000
Transaction Round
Series A
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Norwest Venture Partners