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Comet Solutions Clears Venture Capital Debt

Thursday, April 21, 2016 5:02:00 AM PDT | VentureDeal



Troy, Michigan  --  Software developer Comet Solutions has secured $531,000 in venture capital debt funding, according to an SEC regulatory filing.

Comet has created an authoring workspace that provides an integrated environment to help design experts utilize intelligent simulation templates.

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

A total of five investors participated in the offering.

Comet is still seeking $1.47 million in additional debt investment, according to the filing

Minimum investment size per investor was listed as $500.

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