Deal Announcements

Exit41 Enters Into $7M In New Funding

Monday, February 05, 2007 7:00:00 AM PDT | VentureDeal Staff

ANDOVER, MA -- Exit41, Inc. announced the receipt of $7 million in new funding from existing investors Fidelity Investments, Humphrey Enterprises and Thomas Weisel Venture Partners.

Exit41 makes a remote ordering system for franchise quick service restaurants (QSRs) that speeds up the customer throughput, order accuracy and customer satisfaction, thereby increasing store operator profits.

The company intends to use the investment proceeds to accelerate its expansion into new geographical territories.

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