Tech Company Financing Transactions
PurThread Technologies Funding Round
On 11/5/2013, PurThread Technologies raised $7 million in funding from private investors.
Transaction Overview
Company Name
Announced On
11/5/2013
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
private investors (Richard Bodman)
Proceeds Purpose
The company intends to use the funds for research and development.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
1913 Evans Rd.
Cary, NC 27513
USA
Cary, NC 27513
USA
Phone
Website
Email Address
Overview
PurThread Technologies Inc. is dedicated to developing proprietary antimicrobial textile technology. Our patent-pending integration technology and fiber formulations incorporate an EPA-registered antimicrobial additive into every fiber and yarn to protect the fabric from degradation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lisa Grimes
Chief Financial Officer
Timothy Krist
Chief Medical Officer
Russell Greenfield
Chief Operating Officer
Alan Boyd
Vice President
Lloyd Frick
VP - Bus. Development
Jenifer Smyth
VP - Operations
David Reed
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