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CloudTags Garners Venture Capital Debt

Thursday, February 4, 2016 5:29:00 AM PDT | VentureDeal



Atlanta, Georgia  --  Mobile technology company CloudTags has raised $806,000 in new venture capital debt investment, according to an SEC regulatory filing.

CloudTags "creates connected stores" by helping retailers understand who customers are, predicting what they want to buy and re-engaging them to buy more and more often.

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

A total of 12 investors participated in the offering.

CloudTags is still seeking $394,000 in additional debt investment, according to the filing.

company CEO James Yancey co-founded the firm in January 2013.

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