Tech Company Financing Transactions
X1 Funding Round
X1, based in Pasadena, secured $5.1 million from Palisades Ventures and private investors.
Transaction Overview
Company Name
Announced On
10/4/2019
Transaction Type
Venture Equity
Amount
$5,100,000
Round
Series B
Investors
Palisades Ventures (Lead Investor)
private investors (George Kadifa)
Proceeds Purpose
The company intends to use the funds to hire in development and sales, and to expand its global channel network and brand.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
130 W. Union St.
Pasadena, CA 91103
USA
Pasadena, CA 91103
USA
Phone
Website
Email Address
Overview
The core of the X1 solution, which is protected by five pending patents, uses a proprietary method for indexing the content of every email, attachment and file on a business user's hard drive, including network drives that appear on the desktop.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
John Patzakis
Chief Executive Officer
Craig Carpenter
Chief Technical Officer
Brent Botta
VP - Operations
Todmund Cole
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