Tech Company Financing Transactions
Novus Communications Technologies Funding Round
Allen & Company and private investors participated in a $5 million Series B funding round for Novus Communications Technologies. The round closed on 1/8/2008.
Transaction Overview
Company Name
Announced On
1/8/2008
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series B
Investors
Proceeds Purpose
The capital infusion will be used primarily to scale NOVUS CT's market position in the Networked Digital Advertising space, and to enable the company to become revenue generating by early 2008.
Company Information
Company Status
Out of Business
Industry
Digital Media & VR & AR
Mailing Address
4480 Lake Forest Drive 412
Cincinnati, OH 45242
USA
Cincinnati, OH 45242
USA
Phone
Website
Email Address
Overview
NOVUS CT's unique business model is designed with clients' needs in mind. NOVUS CT combines consulting services and revolutionary display and network technology with NOVUS Partners' extensive patent portfolio. Through partnering with us, our clients enjoy convenient, one-stop access to experienced consultants, systems integration and networking capabilities and unsurpassed deployment services.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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