Tech Company Financing Transactions
SwipePay Funding Round
CIT GAP Fund participated in a $100 thousand funding round for SwipePay. The round was recorded on 5/19/2008.
Transaction Overview
Company Name
Announced On
5/19/2008
Transaction Type
Venture Equity
Amount
$100,000
Round
Undisclosed
Investors
Proceeds Purpose
"The investment will help us finalize product development, add key resources and aggressively pursue business development plans," said Chris Wuhrer, the CEO of SwipePay.
Company Information
Company Status
Out of Business
Industry
Mobile
Mailing Address
Undisclosed
Alexandria, VA 22310
USA
Alexandria, VA 22310
USA
Phone
Undisclosed
Website
Email Address
Overview
SwipePay's technology lets users reload funds for pre-paid mobile phone time directly from the device. It also allows them to draw funds from a surplus account if they exceed their limit.
Management Team
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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