EMN8 Raises More Cash

After raising more than $14.4 million in March, San Diego-based EMN8 has raised an additional $3.1 million in financing, according to a recent regulatory filing. The startup company makes point-of-transaction kiosks, which use touchscreen displays to accelerate customer orders at fast-food restaurants, theaters, and other retailers. The company has not released any details about its financing, which is a combination of equity, debt, and options convertible to EMN8 shares. CEO Perse Faily did not respond to an e-mail inquiry about the funding sent earlier this afternoon.

Bruce V. Bigelow was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Follow @bvbigelow

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