Kapitall Raises $7.3 Million
Gail Chiasson, North American Editor
New York-based Stereo Scope, whose Kapitall product has developed a mobile application for investors, has raised $7.3 million in its first round of financing, and has converted over $5.5 million of previously issued promissory notes.
Last July, the company had raised $5 million in angel funding from three board members.
Stereo Scope, an interactive media company, was founded in 2008. Kapitall, an online investing platform, has launched an iPad application that provides live online trading, analytical tools, and social media integration.
We understand that investors include New York firms: Bendigo Partners, Strauss Zelnick and ES & Partner Ventures.
The team behind Kapitall has extensive experience in finance, gaming, media and design. It is headed by Michael Haller, chairman; Gaspard de Dreuzy, CEO and Stephan Roche, president.
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