Tech Company Financing Transactions
SafeTraces Funding Round
SafeTraces, based in Pleasanton, secured $1.5 million from Maumee Ventures and private investors.
Transaction Overview
Company Name
Announced On
8/29/2016
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Maumee Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the proceeds from the seed round to accelerate product development, sales, and marketing. SafeTraces plans to go to market with its first food safety solution by the end of 2016.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
6111 Johnson Ct. 200
Pleasanton, CA 94588
USA
Pleasanton, CA 94588
USA
Phone
Undisclosed
Website
Email Address
Overview
SafeTraces' technology is patent-protected with four issued US patents, two pending US patents applications, and two pending international patent applications. SafeTracersTM are recognized as GRAS (Generally Regarded as Safe) by the FDA.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anthony Zografos
VP - Bus. Development
Ulrike Hodges
VP - Manufacturing
Phillip Arnold
VP - Product Management
Laurie Clotilde
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