Grotech Ventures-backed Personal Inc. Closes $3.5 Million Share Offering – cbl

Posted: March 19, 2012 at 9:47 am


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Posted March 18, 2012

By Bill Murphy WASHINGTON -- Personal Inc. has closed a $3.50 million mixed offering, raising the amount from 17 investors, according to an SEC filing.

Principals named in the filing by the Washington-based company are the following:

President and CEO R. Shane Green; COO Doug Wheeler; Executive Vice President Edin Saracevic; Chief Technology Officer Tarik Kurspahic; Vice President for Product Development Jennifer Devereux; Chief Policy Officer and General Counsel Josh Galper; and Chief Marketing Officer Henry Gaskins.

Also named in the filing were the following directors:

Don Rainey, of Vienna, Va.-based Grotech Ventures; Tige Savage, co-founder with Steve Case of Washington-based Revolution LLC; Eric Semler, of New York-based hedge fund TCS Capital.

Personal, founded in August of 2009 by Nokia Corp. alumni Green, Wheeler, Saracevic, Kurspahic and Devereux, is developing an online mobile platform for sharing digital information.

Reg D filing: http://tinyurl.com/86tmk4p

Also, at citybizlist see:

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Grotech Ventures-backed Personal Inc. Closes $3.5 Million Share Offering - cbl

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March 19th, 2012 at 9:47 am




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