Tech Company Financing Transactions
AisleBuyer Funding Round
Silicon Valley Bank and private investors invested in a $4 million funding round for AisleBuyer. This venture round was announced on 11/23/2010.
Transaction Overview
Company Name
Announced On
11/23/2010
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
Silicon Valley Bank (Daniel Allred)
Proceeds Purpose
The company will use the funds to expand the national footprint of its proprietary mobile self-checkout solutions designed to ensure shoppers never wait in line again. AisleBuyer is also using the funding to expand its Boston office, and secure additional talent.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
321 Summer St. 8th Floor
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Their platform, which includes a virtual shopping assistant, location aware digital circular, and patent-pending, mobile self-checkout system provides retailers with an end-to-end solution designed to increase sales, reduce costs, and offer unprecedented analytical insight into in-store shopping behavior.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Paradise
Chief Financial Officer
Scott Almeida
Chief Operating Officer
Mark Farnham
Chief Technical Officer
Dan Preston
VP - Bus. Development
John Hughes
VP - Marketing
Scott Todaro
Browse more venture capital transactions:
Prev: 11/23/2010: Helix Therapeutics venture capital transaction
Next: 11/23/2010: Scale Computing venture capital transaction
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We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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