Friday, August 1, 2008

EZ-Assure Raising $800K

Santa Barbara-based EZ-Assure, a provider of software for managing physical security, parking equipment, and auditing facility security, is raising $800,000 in a Series A1 round, the bulk of which has already closed. Investors in the round include the Tech Coast Angels, the Pasadena Angels, high net worth individuals, the firm's board and employees. According to Mike Hopkins, CEO of the firm, the round began in January of this year, and was oversubscribed; the last closing is expected August 9th and will bring the total raised in this round to $800,000.

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