NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Ann
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SRAX (NASDAQ: SRAX), a digital marketing and consumer data management technology company, today announced that its investor intelligence and communications platform, Sequire, has surpassed 500,000 active investors and traders while sales have exceeded $2.5 million in Q2 2020. According to the update, Sequire has shown rapid growth since its early 2019 launch, expanding its client base to over 75 publicly traded companies in the U.S. and Canada. “On Thursday, we announced a capital raise of $13M, which we will use in part to fund the rapid expansion of Sequire,” Christopher Miglino, founder and CEO of SRAX, stated in the news release. “Our clients have seen notable results from the platform and its related services. We’ve also seen a significant increase in the number of clients on the platform with Q2 sales hitting over $2.5M and an additional $3M in the pipeline, with a very high probability of closing in Q3.”
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