Computime, Inc., a provider of electronic signature fulfillment and support services, raised $2m in financing from Advantage Capital Partners, a venture capital and small business finance firm.
Advantage Capital made the investment in connection with the federal New Markets Tax Credit Program and the Missouri New Markets Development Program.
The funds will be used to continue the growth and development of its sales and marketing services in the St. Louis area and create new jobs in the St. Louis area.
Commenting on the deal, Rachelle Rowe, Vice President of Communications at Advantage Capital Partners, said: “The Missouri New Markets Development program has enabled our regional businesses to create good job opportunities at a critical time”.
Founded in 1980, St. Louis, MO-based Computime provides a wide range of services, including high-tech sales and sales consultation, distribution, logistics, asset management, post-sales support and marketing services.