SocialToaster Inc. expects to close a new round of equity and converted debt financing by the end of the month.
The Baltimore social media marketing firm has closed on $4.9 million of what is expected to be a $5.4 million round. The initial $4.9 million is a combination of new equity and converted debt. SocialToaster expects the round to include at least $2 million in new money, but the total has not yet been finalized.
Read more at Baltimore Business Journal
The post SocialToaster closes on $4.9 million of anticipated $5.4 million round appeared first on Baltimore Tech.
from http://baltimoretech.org/news/socialtoaster-closes-on-4-9-million-of-anticipated-5-4-million-round/
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