Sorenson Cap Backs Mindshare Technologies
Sorenson Capital will back Mindshare Technologies, leading a $20 million investment in the company. The PrivateBank and Trust Company contributed to the growth investment with an additional credit facility. Richard Hanks, the CEO and president of Mindshare, said that the company will primarily use the capital raised for growth, and not M&A. He suggested the financing might not be the last for Mindshare, which is projected to hit the $19 million mark for revenue in 2011.
4 October 2011•3 mins read
