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Illumagear Sees Venture Capital Debt Investment

Monday, March 23, 2015 5:46:00 AM PDT | VentureDeal

   Seattle, Washington  --  Electronics technology company Illumagear has landed $600,000 in venture capital debt investment, according to an SEC regulatory filing.

Illumagear has created a line of what it calls Personal Active Safety Systems.

The first system is called the Halo Light, designed to fit on a construction workers headgear to provide greater lighting in the work environment.

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

The company is still seeking an additional $150,000 in financing, with minimum investment size of $10,000 per investor, according to the filing.

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