ipDatatel Garners $2,850,000 New Funding Round

  • Feed Type
  • Date
    1/18/2013
  • Company Name
    ipDatatel
  • Mailing Address
    13110 Southwest Freeway Sugar Land, TX 77478
  • Company Description
    Founded in 2007, the company develops and manufactures devices that connect alarm system controls using HAN and Internet connections. This linkage enables smartphones and wireless-based devices to be multifunctional controls for security, home automation, and heating, ventilation and air conditioning services. ipDatatel intends to utilize the capital to scale its operations into current and comparable markets.
  • Website
    http://www.ipdatatel.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,850,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Genesis Park
  • Venture Investor
    Tchoupitoulas Partners
  • Venture Investor
    Undisclosed

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