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InXpo Secures Venture Capital Debt Funds

Friday, April 22, 2016 5:19:00 AM PDT | VentureDeal



Chicago, Illinois  --  Video technology company InXpo has received $1.4 million in new venture capital debt investment, according to an SEC regulatory filing.

InXpo says that it provides "enterprise video experiences for webcasts, online events and video portals."

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

A total of 14 investors participated in the offering.

The company is still seeking $625,000 in additional debt funding, according to the filing.

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