Glowpoint Obtains $5,700,000 New Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e15d0413-14b4-48d6-ad33-2599bcac03bf&Preview=1 - Date
10/17/2012 - Company Name
Glowpoint - Mailing Address
5700 Ralston Street Ventura, CA 93003 - Company Description
At Glowpoint we believe that video communications is the best tool for meetings. Our sole mission is to make video meetings simple, reliable, and the standard for bringing people together for business meetings. We make video meetings the replacement for in person and audio conferencing with our suite of cloud and managed services that permit any device to connect across any network, simply and reliably. - Website
http://www.glowpoint.com - Transaction Type
Venture Equity - Transaction Amount
$5,700,000 - Transaction Round
Undisclosed - Proceeds Purposes
Approximately 2.65 million shares, valued at $2.16 per share by the selling stockholders, were issued as partial consideration in connection with the acquisition of Affinity VideoNet, Inc. SEC regulatory filing. - M&A Terms
- Venture Investor
Undisclosed
