Field2Base, the emerging Triangle firm that offers mobile forms and data solutions which recently added credit card payment capability, is raising new investment capital.
Chris Roush of North Carolina Business News Wire reports that the Morrisville-based company has raised $1.7 million in a private equity raise, according to a filing Wednesday with the Securities and Exchange Commission.
Field2Base Inc. raised the money from six investors and is seeking to raise an additional $500,000.
Earlier this year, Field2Base formed a strategic partnership with Century Business Solutions to provide clients with credit card processing services and a seamless payment integration with Field2Base Mobile Forms through EBizCharge, a PCI compliant payment gateway developed by Century.
- VIDEO: Watch an overview of the new Field2Base addition at https://www.youtube.com/watch?v=tCzyQtN3B14
The company, which was founded in 2002, has clients across the United States and in select international countries using its software in industries such as health care, utilities, government and construction.
Ed White is the company’s chief executive officer. In 1980, White founded Utility Translation Systems Inc., a successful remote-meter reading software company headquartered in Raleigh.
In 1996 he sold UTS to Itron Inc., a supplier of energy information and communications solutions to the utility industry.
He served as Itron’s chairman until retiring in 2003 and has been a frequent speaker on metering, deregulation, and smart grid in the power supply industry at industry conferences throughout the world.
