Tech Company Financing Transactions
Dynamics Funding Round
Dynamics, based in Cheswick, received $70 million from Adams Capital Management, Bain Capital Ventures and CIBC Capital Partners.
Transaction Overview
Company Name
Announced On
12/8/2014
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series C
Investors
Adams Capital Management (Joel Adams)
Bain Capital Ventures (Jeffrey Schwartz)
Proceeds Purpose
The company intends to use the funds to continue to scale manufacturing operations and extend its technical capabilities and product lines.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
493 Nixon Rd.
Cheswick, PA 15024
USA
Cheswick, PA 15024
USA
Phone
Website
Email Address
Overview
Dynamics Inc. produces and manufactures intelligent powered cards such as advanced payment cards. Focused on introducing fast-cycle innovation to top card issuers, the company's first innovation is the world's first fully programmable magnetic stripe for use in next-generation payment cards.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeff Mullen
VP - General Counsel
Daniel Gantt
VP - Product Management
Norman O'Shea
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