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RIPL Reels In Equity Venture Capital

Tuesday, January 19, 2016 5:44:00 AM PDT | VentureDeal
   Kirkland, Washington  --  Internet technology company RIPL has raised $2.5 million in equity venture capital funding, according to an SEC regulatory filing.

RIPL has developed a mobile application that enables users to animate their social media posts.

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

A total of 24 investors participated in the offering, which included the conversion of debt.

RIPL is still seeking $41,000 in additional financing, according to the filing.

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