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DropThought Nets New Venture Capital Debt

Thursday, January 22, 2015 5:47:00 AM PDT | VentureDeal
   Santa Clara, California  --  Internet technology company DropThought has received $752,000 in venture capital debt funding, according to an SEC regulatory filing.

DropThought has created a user-friendly solution to collect and analyze feedback directly from customers at the point-of-sale.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

DropThought is still seeking $497,000 in additional financing, according to the filing.

The company previously raised approximately $2.5 million in equity and debt financing in September 2013.

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