VGTel Secures $2,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3827dcec-e7e1-4dd4-8c44-67beca364f40 - Date
5/1/2014 - Company Name
VGTel - Mailing Address
400 Rella Blvd. Montebello, NY 10901 USA - Company Description
Through acquisitions and organic growth, VGTel is striving to become a major player in the charitable and internet sweepstakes gaming industries. This is an explosive growth area revolving around the distribution of sweepstakes gaming machines that have the look and feel of casino gaming devices, but that are legally permitted in most states. - Website
http://www.360entertainmentandproductions.com - Transaction Type
Venture Equity - Transaction Amount
$2,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
With this new investment, VGTel will continue the expansion of its operations as it implements its global growth initiatives in new media and entertainment. - M&A Terms
- Venture Investor
