Tech Company Financing Transactions
TextPower Funding Round
TextPower, based in San Juan Capistrano, secured $525 thousand from Orange County Capital Development Corp and Tech Coast Angels.
Transaction Overview
Company Name
Announced On
10/18/2013
Transaction Type
Venture Equity
Amount
$525,000
Round
Series A
Proceeds Purpose
We will use the investment to enhance our sales and marketing in the utility and enterprise areas for our SmartAlerts, as well as growing our website security business," said Mark Nielsen.
Company Information
Company Status
Private & Independent
Industry
Communications
Mailing Address
27134-A Paseo Espada 324
San Juan Capistrano, CA 92675
USA
San Juan Capistrano, CA 92675
USA
Phone
Website
Email Address
Overview
TextPower, Inc., was formed by two veteran entrepreneurs with deep experience in the wireless industry. We believe that there is a significant role to be played in the connectivity between people and machines that provides updates, alerts, information and more via messages sent directly to a user's phone triggered by an event or threshold being reached.
Management Team
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