Wednesday, October 25, 2006

Zoom Systems Announces $35 Million Financing to Fund Automated Retail Expansion

"Due to strong insider support, Motorola Ventures was the only new investor in the financing. Existing shareholders; Goldman Sachs & Co., who led the Series C equity financing and Sierra Ventures, who led the Series A financing round, together provided approximately two thirds of the Series D equity capital. NeoCarta Ventures, who led the company's Series B round also contributed."


Anonymous said...

Pretty impressive machines I must say. I've purchased proactiv solutions in the machines as well as an Ipod.

Anonymous said...

i think techstartups is hot. nice deal.