Startup MedAware trying to raise capital
Last Updated: 14:44 December 2, 2013
Boulder-based MedAware plans to raise $200,000 in total by selling equity in the company, according to the regulatory filing. Three unnamed investors have bought equity so far. Investors must put in a minimum of $12,000 each to buy the remaining $103,000, according to the filing.
Company representative William Kent declined to give details about what the funds are to be used for, saying only that executives do not want to discuss company details pending approval of a patent or patents.
Kent currently is vice president of product development at Boulder Imaging Inc. in Louisville. Boulder Imaging makes industrial vision-inspection machines used to check manufacturing quality.
Other MedAware executives include Michael Willis, the company's chairman and chief executive, Neil Cox and Zung Tran, according to the regulatory filing. The company is located at 3575 23rd St. in Boulder.
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