Ben Franklin Technology Partners Approves $100,000 Investment in Vuzit
August 7, 2008 – 8:00 am by Brent Matzelle
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The team and I have known about this for a couple weeks but were waiting for the press release to make the official announcement. Here’s the blurb from the press release (edits are in braces []):
[Vuzit] was approved for a $100,000 investment. The Philadelphia company’s flagship product, Vuzit, can be inserted in Web pages to allow visitors to the pages to read documents without having to use other software or download them. [Vuzit] is participating in a program at the [Science Center] designed to help young companies get themselves ready for venture funding. The program is run by DreamIt Ventures, a seed-stage venture fund that takes equity stakes in companies in the program and counts Ben Franklin Technology Partners among its investors.
The team and I are really excited about the news. Ben Franklin Technology Partners is well known throughout the area for their very thorough due diligence. Making it through this process is a badge of honor for Vuzit.
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