A Raleigh-based photo sharing company filed to raise $900,000 in private financing, according to a Securities and Exchange Commission filing.
Deja Mi, Inc. filed a Form D with the SEC on Nov. 7. The filing listed a total offering amount of $900,000, with $76,500 remaining to be sold. The notice included securities offered of equity as well as securities offered of option, warrant or other right to acquire security.
The offering will not last for more than one year, and 14 investors have participated so far, the company said.
Deja Mi is a Raleigh-based startup that builds photo sharing mobile and web applications.
Its portfolio consists of two apps, Deja Mi and WedPics. Deja Mi is a location-based photo and video sharing app that enables users to build collaborative albums based on shared experiences. WedPics is a customizable wedding-based photo sharing app.
Chief Executive Officer Justin Miller signed the Form D on Monday.
Private companies similar to Deja Mi, which rely on a Reg D exemption, aren’t required to register securities offerings with the SEC, but instead they must file a Form D electronically with the SEC after they sell the securities.
Note: This story is from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism
