Raleigh-based WedPics recently completed a $4.25 million raise, reports Laura Baverman of ExitEvent.
On Monday a $250,000 raise will added to the existing $4.25 million in financing. Plus, Baverman writes, it is the opportunity to invest alongside famed investor Barbara Corcoran of Shark Tank.
“It’s just a neat opportunity to gain some more exposure and a neat investment story,” said Justin Miller, the company’s CEO.
The round includes a number of prominent VCs and angels located in the Triangle, IDEA Fund Partners among them.
“We leveraged our existing investors—TAP, Idea Fund, Great Oaks and angels like Scot Wingo—and they were able to reach out to their networks and start connecting me, and then those networks would connect me to their networks. It proved to be exactly what I needed,” added Miller on the fundraising process.
Read the full story from ExitEvent