Menlo Park California based Arc Technologies is raising $20,000,000.00 in New Equity Investment.
Menlo Park, CA – According to filings with the U.S. Securities and Exchange Commission, Arc Technologies is raising $20,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Donald Muir played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Arc Technologies
Arc is the full-service finance platform for SaaS. Its introductory product, Arc Advance, allows SaaS founders to seamlessly convert future revenue into upfront capital without dilution at the click of a button. In partnership with Stripe, Arc is building a first-of-its-kind fintech solution where software founders can borrow, save, and spend on one comprehensive digital platform.
To learn more about Arc Technologies, visit http://www.arc.tech/
Contact:
Donald Muir, Chief Executive Officer
212-994-4660
https://www.linkedin.com/in/don-muir/
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