Socialwise Secures $7,000,000 New Financing Round

  • Feed Type
  • Date
    6/6/2011
  • Company Name
    Socialwise
  • Mailing Address
    6440 Lusk Blvd. San Diego, CA 92121
  • Company Description
    We develop platforms that integrate into traditional eCommerce products and services. Our flagship product offering is an online payment solution for young people, BillMyParents.
  • Website
    http://www.socialwise.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. Also issued five year warrants to purchase up to 2,850,000 shares of common stock with an exercise price of $0.60 per share. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed

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