Durham’s TrackX Technologies raises $4.6 million in equity
Durham-based biotechnology company TrackX Technology LLC reported it sold a $4.6 million equity stake in the company. The portion of equity has 23 investors in total, and the company said it would use the proceeds for “working capital, which may include normal compensation to executive managers.” According to the filing with the Securities and Exchange Commission, the date of first sale was Feb. 11, and all of the offered equity had been purchased by the time of the filing. TrackX Technology doesn’t have a website, but according to a trademark filing the company produces software and hardware used for “generating and...
Read More
