Venuetize Raises $4.2 Million From Six Investors

2/27/17

By Lauren Hong, Maryland Business News Wire

A mobile-first platform as a service company raised $4.2 million from six investors, according to filings with the Securities and Exchange Commission. 

Venuetize LLC filed the Form Ds on Feb. 27, 2017. The first sale occurred on Feb. 13, 2017. The offering was not made in connection with a business combination transaction. The company hopes to raise an additional $1.76 million.

Venuetize develops a mobile-first, platform-as-a-service that connects personalized data, marketing analytics, content and interactive technologies to acquire, retain and monetize fan bases for sports businesses. Founded in 2014, the company creates and manages social media marketing campaigns that leverage fans’ social media channels.

It announced on Feb. 27 that it acquired the intellectual property assets of eMbience Inc., a mobile software developer with expertise in proximity marketing and targeted advertising.

Companies relying on a Reg D exemption such as click notices do not have to register their offering of securities with the SEC, but they must file what is known as a Form D electronically with the SEC after they first sell their securities.

The Form Ds can be found here and here. They were both signed by Karri Zaremba, chief operating officer of Venuetize.

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