Tech Company Financing Transactions
Gemcor Funding Round
Gemcor secured a $2 million funding round on 9/30/2012. Investors included Rand Capital and private investors.
Transaction Overview
Company Name
Announced On
9/30/2012
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Engineering
Mailing Address
100 Gemcor Dr.
West Seneca, NY 14224
USA
West Seneca, NY 14224
USA
Phone
Website
Email Address
Overview
Gemcor was founded in 1937 and first developed the Drivmatic process in the early 1940s. The Drivmatic process is the process used around the world for automatically fastening airframe assemblies. Since Gemcor's inception, over 2,000 Gemcor fastening systems have been shipped worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Speller
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