Tech Company Financing Transactions
WedPics Funding Round
WedPics, operating out of Raleigh-Durham, scored $2.3 million from Forefront Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
2/11/2015
Transaction Type
Venture Equity
Amount
$2,250,000
Round
Series B
Investors
Forefront Venture Partners (Barbara Corcoran)
private investors (Phil Nadel)
Proceeds Purpose
The company's current goal is to reach 800,000 new couples by the end of 2015, up from 300,000 last year. To get to this point, WedPics is considering making some acquisitions in the wedding space, and is looking at a variety of companies now, including competitors or even printing businesses.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
Undisclosed
Raleigh-Durham, NC 27634
USA
Raleigh-Durham, NC 27634
USA
Phone
Undisclosed
Website
Email Address
Overview
WedPics is a fun and easy way to capture and share all of your guests' photos in a single interactive album.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Justin Miller
Chief Marketing Officer
Alex Lewis
Co-Founder
Idan Koren
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