Gomez Inc. of Waltham, Mass., has filed to raise $20 million through a private placement of convertible preferred stock. At the time of its SEC filing, the company had already raised $19 million from 18 accredited and five non-accredited investors. The Internet performance management company intends to use the proceeds from the offering for working capital. For more information, call Charles Huggins, executive officer, at 781-768-2100.
OmniSonics Medical Technologies Inc. of Wilmington, Mass., has filed to raise $33 million through a Series C convertible preferred stock round of financing. At the time of its SEC filing, the company had already raised $26 million from 16 accredited investors. A minimum investment of $3,000 is required on the placement. The developer of a medical device for surgical removal of soft tissue intends to use the proceeds from the offering for working capital. For more information, call Robert Rabiner, executive officer, at 978-657-9980.
Passport Systems Inc. of Harvard, Mass., has filed to raise $1.5 million through a Series A convertible preferred stock with warrants round of financing. At the time of its SEC filing, the company had already raised $1 million from 11 accredited investors. A minimum investment of $22,600 is required on the placement. The company, engaged in the business related to detection and scanning systems for weapons and other contraband, plans to use the proceeds for working capital. For more information, call Robert Ledoux, president, at 781-640-9952.
Turbine Entertainment Software Corp. of Westwood, Mass., has filed to raise $15 million through a Series A-2 preferred stock round of financing. At the time of its SEC filing, the company had already raised $13 million from five accredited investors. The software developer intends to use some proceeds from the offerin
g for working capital. For more information, call Mark Pover, CFO, at 781-407-4000.
In Vitro Technologies Inc. of Baltimore raised $160,007 from one accredited investor through a private placement of common stock. The company, which does contract research and related services, intends to use the proceeds from the offering for working capital. For more information, call Paul Silber, president, at 301-610-5000.
Navtrak Inc. of Salisbury, Md., has filed to raise $4.5 million through a Series B preferred stock round of financing. At the time of its SEC filing, the company had already raised $3.3 million from nine accredited and one non-accredited investors. A minimum investment of $15,000 is required on the placement. The company, engaged in the business related to wireless vehicle location and tracking, intends to use some proceeds from the offering for debt repayment and working capital. For more information, call James Duncan, president, at 800-787-2337.
Seacoast Technologies Inc. of Portsmouth, N.H., has filed to raise $7 million through a Series C convertible participating preferred stock round of financing. At the time of its SEC filing, the company had already raised $4 million from five accredited investors. The medical equipment company plans to use the proceeds for working capital. For more information, call Donald Larnard, CEO, at 603-766-9800.
Internet Photonics Inc. of Shrewsbury, N.J., has filed to raise $25 million through a Series E preferred stock round of financing. At the time of its SEC filing, the company had already raised $4 million from eight accredited investors. The company, which develops and markets a platform of carrier class metro-optical Ethernet transport and access solutions for telecom service providers, intends to use the proceeds from the offering for working capital. For more information, call Steven Waszak, CFO, at 732-389-1160.
Transparensee Systems Inc. of New York has filed to raise $1.7 million through a Series B preferred stock round of financing. At the time of its SEC filing, the company had already raised $639,250 from 28 accredited investors. The software developer plans to use some proceeds for working capital. For more information, call Steven Lavine, CEO, at 212-982-9887.
61C Networks Inc. of Pittsburgh has filed to raise $300,000 through a private offering of preferred stock. At the time of its SEC filing, the company had already raised $150,000 from one accredited investor. The developer of software for Internet infrastructure intends to use the proceeds from the offering for working capital. For more information, call Edward Nash, CEO, at 412-370-0210.
Hyperactive Technologies Inc. of Pittsburgh raised $100,000 from one accredited investor through a private placement of convertible promissory note. The software and hardware developer, which supplies products for the for food service industry, plans to use the proceeds from the offering for salaries, fees, and development of vision algorithm. For more information, call Kerien Fitzpatrick, president, at 412-681-0890.
Lambda Opticalsystems Corp. of Reston, Va., has filed to raise $15.4 million through a Series B preferred stock round of financing. At the time of its SEC filing, the company had already raised $8 million from six accredited investors. The company, engaged in the business related to optical switching equipment, intends to use the proceeds from the offering for working capital. For more information, call John Kapitula, COO, at 703-689-9500.
Velocity Micro Inc. of Richmond, Va., raised $350,000 from one accredited investor through a private placement of common stock. The company, which manufacturers and sells PCs, intends to use the proceeds from the offering for salaries and fees, purchase, rental or leasing and installation of machinery and equipment, debt repayment and working capital. For more information, call Randall Copeland, president, at 804-897-6166.
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