GTxcel Receives $4M Credit Facility from Square 1 Bank
Summary
The company will use the financing for working capital to support its growth. Led by Peter Stilson, CEO, GTxcel provides publishers with a suite of content aggregation and delivery products, including digital editions, mobile applications, and responsive websites. The company also offers marketing services and monetization strategies to aid clients in their digital efforts. GTxcel also has corporate offices in the Boston area and is hiring .
Funding
Amount
$4.0M
Total raised
Date
February 10, 2014
Announcement date
Investors
Square 1 Bank, GTxcel
Lead investors
Company
http://www.gtxcel.com
Funded company
Classifications
industries
Media and Publishing
applications
Anti Piracy
AskAI Classifications
Labels
Digital Publishing Software
SaaS
Content Management
Linked Companies
GTxcel, Inc.
$10M to $25M