Cascadia Capital Assembles High Quality Investor Syndicate for Early-Stage Physical Security Company
Challenge
In mid-2001, Cascadia Capital met with the management of Vigilos to explore capital raising opportunities. A physical security solution company, Vigilos was challenged to find high quality investors at a time when the venture market was at a low point and Vigilos was still in an early, pre-revenue stage.
Solution
Cascadia Capital provided positioning and refinement to Vigilos' business plan, investor presentation, and other materials necessary for raising capital. Cascadia Capital provided access to hundreds of targeted investors and coordinated road show meetings across the country. The firm also worked with Vigilos to coordinate due diligence issues and assisted in term sheet and closing negotiations.
Results
Cascadia Capital successfully brought in Northwest Venture Associates to lead a $7.7 million syndicate including Highway 12 Ventures. "Cascadia Capital knocked the ball out of the ballpark for us," said Geoffrey Barker, CEO of Vigilos. "They sharpened our focus and were relentless in getting us to high quality investors nationwide. They were integral in closing our round and we would not hesitate to use them again."
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