NEW YORK, NY — Krossover Intelligence Inc reported today in a filing with the U.S. Securities and Exchange Commission it had raised $300K of a $2M private offering. Companies file this special form with the U.S. Securities and Exchange Commission in the majority of cases when closing new funding.
Krossover Intelligence Inc reported their revenue as below $1 million within the SEC Filing detailing the transaction. The type of investment being offered was listed as debt (opposed to equity, warrants, or other types of investment options). Krossover Intelligence Inc noted they began raising the money on December 26, 2012. As of today, $300K of the $2M offering has been sold to private investors.
Digging into Krossover Intelligence Inc's fundraising history, Krossover Intelligence Inc has filed 3 fundraising documents with the U.S. Securities and Exchange Commission. Their last filing with the SEC on March 28, 2012 noted $5M in new investment. Previous to this filing, Krossover Intelligence Inc had a $305K fund raise on June 21, 2010.
Individuals listed in this offering by Krossover Intelligence Inc include: Vasudev Kulkarni of New York, Ny ; Srikanth Ramani of New York, Ny ; James Piette of New York, Ny ; Greg Cangialosi of New York, Ny ; Sandip Chaudhari of New York, Ny
The SEC Filing can be viewed in its entirety by clicking here: Krossover Intelligence Inc Form D SEC Filing.