Tactile Systems Technology Inc. of Edina, Minn., has filed to raise $325,000 through a private offering of 12% convertible notes and warrants. At the time of its SEC filing, the company had already raised $275,000 from two accredited investors. A minimum investment of $10,000 is required on the placement. The medical device company intends to use the proceeds from the offering for salaries, fees and working capital. For more information, call Randy Meyer, CEO, at 612-554-7500.
Verascape Inc. of Oakbrook Terrace, Ill., raised $412,686 from seven accredited investors through a private offering of Series C-2 convertible preferred stock with warrants. The developer of communication technology intends to use the proceeds from the offering for working capital. For more information, call John Corrigan, CFO, at 847-919-0873.