Tilson Technology Management Financing
Tilson Technology Management, Inc., Corporation just had published form D regarding $3.00 million equity and debt financing. This is a new filing. Tilson Technology Management was able to finance itself with $3.00 million. That is 100.00% of the financing round. The total private offering amount was $3.00 million. The private financing document was filed on 2016-10-11. The reason for the financing was: unspecified.
Tilson Technology Management is based in Maine. The firm’s business is Telecommunications. The D form was submitted by Joshua Broder President and CEO. The company was incorporated more than five years ago. The filler’s address is: 245 Commercial Street, Suite 203, Portland, Me, Maine, 04101. Joshua Broder is the related person in the form and it has address: 245 Commercial Street, Suite 203, Portland, Me, Maine, 04101. Link to Tilson Technology Management Filing: 000159300416000002.
Analysis of Tilson Technology Management Offering
On average, companies in the Telecommunications sector, sell 85.70% of the total offering amount. Tilson Technology Management sold 100.00% of the offering. Could this mean that the trust in Tilson Technology Management is high? The average fundraising amount for companies in the Telecommunications industry is $125,000. The total amount raised is 2,300.00% bigger than the average for companies in the Telecommunications sector. 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 Tilson Technology Management Also
The Form D signed by Joshua Broder might help Tilson Technology Management, 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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