Tech Company Financing Transactions
LifeShield Security Funding Round
LifeShield Security, operating out of Yardley, secured $11 million in funding from Associated Partners, CenterPoint Ventures and First Round Capital.
Transaction Overview
Company Name
Announced On
6/16/2010
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors
Associated Partners (David Berkman)
Novak Biddle Venture Partners (Philip Bronner)
Proceeds Purpose
Funds will be used to fuel the re-launch of the business under the new LifeShield brand, as well as a soon-to-break national media awareness campaign employing national television, print, internet, and radio to acquire new customers. National ads featuring Dan Marino as the company spokesperson will break later this month.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
770 Township Line Rd.
Yardley, PA 19067
USA
Yardley, PA 19067
USA
Phone
Website
Email Address
Overview
Founded as InGrid Home Security in 2004, LifeShield is the first national, professional grade and professionally monitored wireless security system that uses an easy to set-up plug and protect process, providing superior home protection and the best value in total home security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Hagan
Founder
Louis Stilp
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