State-funded venture capital organization Invest Nebraska announced earlier this month that it led a Series B equity financing round for Omaha-based Game Plan Technologies.
The digital asset management company creates software that allows companies to organize and store large amounts of digital evidence.
“One of the things that really interested us was its ability to translate its software product over multiple sectors,” Mark Crawford, Invest Nebraska’s CEO and investment manager, told Silicon Prairie News.
While more obvious applications of Game Plan Technologies’ product can be found in the security or law enforcement sector, Crawford and James Ramey, an associate at Invest Nebraska, agreed that what impressed the organization most about Game Plan’s technology was its versatility. In fact, one of Game Plan’s largest clients is a large basketball conference.
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Existing shareholders Mountaineer Capital L.P. and Tom Rogers’s Affiliated Companies also participated in the round, which will be used to hire additional staff, increase marketing efforts and serve as working capital.
Earlier this year Invest Nebraska also contributed to the NMotion 2013 Accelerator Fund, leading the program’s $480,000 funding round.
Invest Nebraska was unable to disclose terms of the deal.