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Article: Basho Technologies Secures $2 Million Series B Preferred Investment Round.(Harbor Island Equity Partners, LLC)(Brief article)
- Article from:
- Wireless News
- Article date:
- April 13, 2009
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Basho Technologies, Inc., announced it has conducted an initial close of approximately $2 million on a Series B Preferred investment round.
The company will use the funds for general corporate purposes and to commence sales of Basho Open.
"This is an exciting accomplishment for Basho Technologies in an extremely difficult early stage investing environment," said Earl Galleher, Chairman and CEO of Basho Technologies. "We are fortunate that Angel Investors are continuing to apply risk capital to good business models that solve real market problems."
Basho's Series B Preferred round is being led by Harbor Island Equity Partners, LLC of Wilmington, ...