Thursday, May 24, 2012

WhiteGlove snags another $3.8M in funding - Austin Business Journal:

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million Series B-1 round of financing. The fundinfg was completed with capitak from13 investors, according to an amended filing with the U.S. Securitiea and Exchange Commission. In March, Austin-basec WhiteGlove closed on a $2.5 million Series B round of funding. In May, the company reporte d raisinganother $288,000 from two investors, according an SEC WhiteGlove has raised a totapl of $6.4 million in venture capitao since it was founded in CFO William Kerley said. WhiteGlove is a health care compan that provides routine medical care atan individual’s home or It employs more 30 workers.
Also in March, the companyu reported expanding its service into the Fort Worth markety after previously operatingin Austin, San Antoniol and Dallas. At the time, WhiteGlove officials said the busines s had posteda 1,200 percent increasr in bookings growth for 2008 compared with 2007. In April, WhiteGloves added to its boarxd of directors investorsLarry Garatoni, CEO of HQ and Jimmy Treybig, a venturw partner for New Enterprise Associates.

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