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Deposco Banks Equity Venture Capital

Friday, January 29, 2016 5:02:00 AM PDT | VentureDeal



Alpharetta, Georgia  --  Software developer Deposco has raised $500,000 in new equity venture capital funding, according to an SEC regulatory filing.

Deposco has created a next-generation supply chain software system for manufacturers, retailers, distributors and third-party logistics providers.

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

Deposco is still seeking $7.5 million in additional equity investment, according to the filing.

Company CEO Bill Gibson was previously with The Albermarle Group and Grotech Ventures.

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