UpdateLogic Obtains $10,973,011 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=db719883-d9b1-4ac2-b63d-97a934609ac3&Preview=1 -
Date
1/4/2013 -
Company Name
UpdateLogic -
Mailing Address
2 Willow Street Fayville, MA 01745 -
Company Description
UpdateLogic provides a service called UpdateTV which allows manufacturers to deliver software patches to consumer’s digital television receiver devices such as High Definition Television (HDTV) sets, cable boxes and digital-to-analog converter boxes. -
Website
http://www.updatelogic.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,973,011 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. -
M&A Terms
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Venture Investor
Undisclosed
