Thursday, September 18, 2014

Docupace Gets Majority Investment

Los Angeles-based Docupace Technologies, a provider of electronic processing technology aimed at the financial institutional and wealth management industry, said today that it has raised a round of funding from RCS Capital Corporation. The new investment gives RCS Capital a majority stake in Docupace. Financial details of the deal were not disclosed. Docupace develops electronic document management software for managing the operations of broker-dealers. Docupace said the company will continue to be led by President and CEO Michael Pinsker, as well as its existing management team. RCS Capital (RCAP) is a retail investment firm. More information »