$RDAR huge financing news! RAADR, Inc. Finalize
Post# of 12186
Posted On: 12/03/2015 8:33:57 AM
$RDAR huge financing news!
RAADR, Inc. Finalizes Agreement for Six Figures Worth of Seed Capital
Nov 25, 2015
OTC Disclosure & News Service
-
Phoenix, AZ, Nov. 25, 2015 (GLOBE NEWSWIRE) --
RAADR, Inc. (OTCQB: RDAR), a technology and software development company that monitors cyber bullying and social media platforms through its artificially intelligent proprietary web-based application, today announced the successful close to attain seed capital from a group of investors totaling in the six figure range. This cash infusion will spur growth and greatly shorten the timeline of the mobile development.
The current round of funding will allow RAADR to develop and launch their parental monitoring app into Apple’s iOS app store. Due to the complex and often tedious process of launching an iOS app, the company has decided to develop their app for Apple devices first, with an initial app store submission planned by mid-December. Following a successful iOS launch, the company intends to launch their Android app. Android development is slated to start in early 2016.
RAADR, Inc. CEO, Jacob DiMartino says, “We are very happy to announce this news, as we know this capital infusion will allow us a smoother and quicker launch onto mobile devices through the iOS and Android app stores respectively. This will allow us to broaden our horizons and reach a much larger audience. For the first time ever, more than half of online shopping sessions are expected to be on mobile devices this holiday shopping season. This exponential growth is something we plan to tap into.”
In addition to aiding with development and publication costs for the mobile apps, RAADR will utilize this round of funding to pay vendors who have done important work in getting the company and its product where they are today.
RAADR, Inc. Finalizes Agreement for Six Figures Worth of Seed Capital
Nov 25, 2015
OTC Disclosure & News Service
-
Phoenix, AZ, Nov. 25, 2015 (GLOBE NEWSWIRE) --
RAADR, Inc. (OTCQB: RDAR), a technology and software development company that monitors cyber bullying and social media platforms through its artificially intelligent proprietary web-based application, today announced the successful close to attain seed capital from a group of investors totaling in the six figure range. This cash infusion will spur growth and greatly shorten the timeline of the mobile development.
The current round of funding will allow RAADR to develop and launch their parental monitoring app into Apple’s iOS app store. Due to the complex and often tedious process of launching an iOS app, the company has decided to develop their app for Apple devices first, with an initial app store submission planned by mid-December. Following a successful iOS launch, the company intends to launch their Android app. Android development is slated to start in early 2016.
RAADR, Inc. CEO, Jacob DiMartino says, “We are very happy to announce this news, as we know this capital infusion will allow us a smoother and quicker launch onto mobile devices through the iOS and Android app stores respectively. This will allow us to broaden our horizons and reach a much larger audience. For the first time ever, more than half of online shopping sessions are expected to be on mobile devices this holiday shopping season. This exponential growth is something we plan to tap into.”
In addition to aiding with development and publication costs for the mobile apps, RAADR will utilize this round of funding to pay vendors who have done important work in getting the company and its product where they are today.
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