Tech Company Financing Transactions
BMG Seltec Funding Round
Element Partners and private investors joined a $6 million capital raise for BMG Seltec. The round was announced on 8/29/2009.
Transaction Overview
Company Name
Announced On
8/29/2009
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Element Partners (John Rockwell)
Proceeds Purpose
The investment will fundamentally strengthen our balance sheet and provide the growth capital necessary to significantly accelerate major advances to our product offering, broaden our market reach, and expand our service organization.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
222 Mountain Vista Pkwy.
Livermore, CA 94551
USA
Livermore, CA 94551
USA
Phone
Website
Email Address
Overview
BMG Seltec provides operations support software, GPS vehicle tracking, plant control systems, point-of-sale systems, and related professional and plant services to producers of asphalt, aggregates, and concrete.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bernard Benson
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