Monday, July 9, 2007

ExaDigm Gets $12M

Santa Ana-based ExaDigm, a developer of wired and wireless point-of-sale (POS) terminals, announced Monday morning that it has received $12M in a Series B round. Funding came from Dunrath Capital and Valhalla Partners, along with McDonnell & Associates LP and prior investors Meruelo Capital and Sunrise Investments. ExaDigm's terminals are used by retailers, which the firm says include Best Western and Amtrak. Brian Gannon of Dunrath and Gene Riechers of Valhalla have joined the firm's board of directors in conjunction with the funding. More information »