Wednesday, June 20, 2012

GreatCall Gets $7.0M In Venture Loan

San Diego-based GreatCall has scored a $7.0M, subordinated venture loan, according to lender NXT Capital. GreatCall said the funding will go to invest in adoption of its 5Star urgent response platform. GreatCall is venture backed by Charles River Ventures, Court Square Ventures, Nauta Capital, Steelpoint Capital Partners and Sumitomo. The firm's cell phone services and handsets are aimed at the senior market.

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