Video Wall Software Company – Capital Raising

Categories Securities, Unissued Securities
Sale Type Asking Price
Price Guide CAD Raising CAD$6.23m at a pre-money valuation of CAD$18.75m
Status: Closed

Summary:

Founded in 1999, this software company specializes in video walls, digital signage and interactive displays. Its software turns a standard PC into a high-end video wall controller/processor, allowing organizations to centrally manage intelligent interactive displays with exceptional performance at the lowest cost on the market.

From interactive video walls, to artistic, mosaic-style video walls, or control room video walls, the technology replaces conventional high-end video wall controllers and video wall processors, making it even easier and cost effective to manage content, synchronize and add artificial intelligence (AI) to displays.

This is very much disruptive technology and the company have already had some significant success with the first rollout into McDonalds Corporation (MCD) having successfully moved through the Beta testing stage in Australia to now being rolled out onto the rest of MCD franchises globally.

To date, the Company has provided more than 1 million displays in over 100 countries and works with standard PC hardware and client devices. The Company was “Highly Commended” for Digital Signage Product of the Year at the 2015 AV Awards.

The company is raising $6.23m (pre-money valuation CAD$18.75m) to grow its personnel and revise its marketing program to crystalize identified opportunities in Asian & European markets.

 

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