Dexrex Gear Receives $1,000,000 New Financing

  • Feed Type
  • Date
    2/24/2010
  • Company Name
    Dexrex Gear
  • Mailing Address
    132 Adams Street Newton, MA 02458
  • Company Description
    Derek Lyman and Richard Tortora began Dexrex in 2005 while students at the University of Massachusetts Amherst. As avid users of IM and text messaging, they believed these services would become increasingly important. They founded the company one year later to develop the tools to help people save and manage their messages – helping them chat, work, and live a little bit better.
  • Website
    http://www.dexrexgear.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $1,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Dexrex Gear will use the new funds to support the go-to-market activities for ChatSync, its recently launched cloud-based enterprise data management service, which provides small, medium and large enterprises with a comprehensive managed solution for the secure and seamless capture and active archiving of a business’s real-time messaging.
  • M&A Terms
  • Venture Investor
    Undisclosed

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