Editor’s note: Startup Spotlight is a regular feature at WRAL TechWire, bringing attention to promising emerging companies across the Triangle and North Carolina as well as management and other issues.
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RALEIGH – Reveal Mobile has raised nearly $720,000 from 37 investors, and could raise up to $1 million in new funding, according to an SEC filing.
The company will use the proceeds from its fundraising efforts for working capital, the filing notes.
Last October, the company bought out-of-home location intelligence company Mira, then went on to raise more than $591,000 in debt funding in December.
Founded by Brian Handly, who is also the company’s CEO and the person who signed the SEC filing, Reveal Mobile also raised $2 million in funding in early 2020. The company also secured a U.S. patent for its technology that “scores” a mobile device based on quality, WRAL TechWire reported in April 2020.
That Series A round included investments from Bull City Venture Partners and IDEA Fund Partners, both Triangle-based firms.
The company won a SAMMY award in 2021.
The company did not respond to a request to comment on this story.
Raleigh’s Reveal Mobile buys NYC startup, lands Lyft as customer
