Funding Press Release Example 1

COMPANY X Announces $1,500,000 in Funding

DATE

CITY, STATE – COMPANY X, the leading __________________application company, today announced that the company has raised a new round, bringing total funding to $1.5M.  Lead investors include INVESTOR X, INVESTOR Y, with participation from FUNDING COMPANY, and several other technology investors.

“We are delighted that these seasoned investors have partnered with us to fulfill our vision of revolutionizing _________ company,” says __________ co-founder and CEO of COMPANY X . “

The new funding will allow COMPANY X to expand its marketing and direct sales efforts and continue to push the envelope on creating the simplest, most rewarding _____________.

“COMPANY X early customer success proves the effectiveness of their ___________________. This financing will help them expand their direct sales efforts and pursue key strategic partnerships,” says INVESTOR X

About COMPANY X
COMPANY X, launched in 2010 CITY, STATE, brings_________.  COMPANY X has _____________ appeal of ____________ with the convenience of _____________ to help corporations _______________. COMPANY X customers include numerous large public companies and institutions throughout the U.S.


For more information please visit www.COMPANY X.com

 

Press Contact
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