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Boston
CityBizList - April 14, 2011
SilverRail
Completes $5M Offering
Boston CityBizList
WOBURN,
Mass. -- SilverRail Technologies, Inc. has completed a $5 million equity
offering, raising the amount from 25 investors.
The Woburn, Mass.-based
railway technology company adds to $8.6 million it took in last August,
as citybizlist reported at the time.
Principals named in
a recent SEC filing include:
- Aaron Gowell, founder
and CEO
- Jeffrey Cooper
- Charles Lax, director, from Wellesley, Mass.-based Grand Banks Capital
- James White, director, from Palo Alto, Calif.-based Sutter Hill Ventures
- Brad Gerstner, director, from Boston-based Altimeter Capital
- Cheryl Rosner, director
Founded in 2009, SilverRail
connects builds technical solutions that help railways and travel distributors
connect with each other. The company provides the underlying technology
platform that helps consolidate global rail into a single system.
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