Form D Filing: Tala Security $1.00 million Fundraising. Aanand Krishnan Submitted Oct 4 D Filing

Tala Security, Inc. - Aanand Krishnan

Tala Security Financing

Tala Security, Inc., Corporation just had published form D regarding $1.00 million equity and debt financing. This is a new filing. Tala Security was able to finance itself with $505,050 so far. That is 50.51% of the financing offer. The total private offering amount was $1.00 million. The financing document was filed on 2016-10-04. The reason for the financing was: unspecified. The fundraising still has about $494,950 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Tala Security is based in California. The company’s business is not disclosed. The SEC form was filed by Aanand Krishnan Chief Executive Officer. The company was incorporated in 2016. The filler’s address is: 1185 Adler Court, Fremont, Ca, California, 94536. Aanand Krishnan is the related person in the form and it has address: 1185 Adler Court, Fremont, Ca, California, 94536. Link to Tala Security Filing: 000168429516000001.

Analysis of Tala Security Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Tala Security sold 50.51% of the offering. The financing is still open. The average fundraising amount for companies in all industries in our database is $3.05 million. The offering was 83.44% smaller than the average of $3.05 million. Of course this should not be seen as negative. Companies get financed for different needs and reasons. The minimum investment for this offering is set at $0. If you know more about the reasons for the financing, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Tala Security Also

The Form D signed by Aanand Krishnan might help Tala Security, Inc.’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

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