RALEIGH — Raleigh-based Castle Information Systems Inc. has raised $355,000 from three investors, according to a filing with the Securities and Exchange Commission.
The company filed the capital raise in a Form D and did not disclose what it intends to do with the proceeds.
Castle Information Systems last raised money in 2016 when it raised $875,000.
Castle
The web and mobile app company is best known for its Blerbal app that allows users to report news and information to their communities and groups. The company was originally founded in 2010 and was previously known as Swamp Castle.
David Cozart is the president of Castle Information Systems.
Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.
The form can be found here.
This story is from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism
