Tech Company Financing Transactions
Gemcor Funding Round
Rand Capital participated in a $500 thousand funding round for Gemcor. The financing round closed on 12/31/2009.
Transaction Overview
Company Name
Announced On
12/31/2009
Transaction Type
Venture Equity
Amount
$500,000
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
Browse more venture capital transactions:
Prev: 12/31/2009: Yoics venture capital transaction
Next: 12/31/2009: NxThera venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC transactions on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs