Adrian J Cotterill, Editor-in-Chief
elevate DIGITAL, described as a leading developer of street-level interactive software technology, will expand its presence in Nevada as part of a USD 4 million funding led by Advantage Capital Partners in conjunction with the company’s first tranche of Series B funding.
elevate will open an office in Las Vegas, its third office company wide, creating approximately 17 new jobs and expanding their capabilities within the U.S.
elevate DIGITAL will leverage the funding to continue the advancement of its interactive software platform and expand its IoT/ Smart City offering. The firm has active deployments in the top 25 major metropolitan markets across the country.
George Burciaga, founder and CEO of elevate DIGITAL told us “elevate is transforming traditional methods of communication, by enabling brands, municipalities and locations to engage with people and devices. Content, messaging, services and technology now have a voice and create engagement with users. Our platform represents the next generation of social interaction at the street level, while contributing to a connective eco-system.”
Anthony Metzner, vice president at Advantage Capital Partners said “Our relationship with elevate DIGITAL began in 2012 and we are happy to continue our support with this additional investment as they expand the business in Nevada. Their work thus far has been impressive and we are looking forward to being a part of their future growth. Advantage Capital has invested in a number of small businesses in Nevada through the state New Markets initiative, and our new investment with elevate DIGITAL in the Las Vegas market represents our ongoing commitment to funding economic growth in the state.”
About Advantage Capital Partners
Advantage Capital Partners provides equity and debt financing to established and emerging companies located in communities underserved by conventional sources of capital. Since 1992, the firm has invested more than $1.9 billion in companies from a diverse array of industry sectors including manufacturing, technology and business services, among others and has offices in New Orleans, St. Louis, New York, Austin and other locations.
Advantage Capital Partners is an investment adviser registered under the Investment Adviser Act of 1940. Registration does not imply a certain level of skill or training. This release is not intended to be an advertisement subject to the rules under the Investment Advisers Act of 1940.
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