GreatCall Receives $7M Venture Loan from NXT Capital Venture Finance

GreatCall Inc., a San Diego, CA-based developer of health and wellness wireless services, has received a $7m subordinated venture loan from NXT Capital Venture Finance.

The company intends to use the additional capital to expand its portfolio of services for consumers.

Backed by Charles River Ventures, Court Square Ventures,Nauta Capital, Steelpoint Capital Partners and Sumitomo, GreatCall provides the mature population with wireless devices and services to keep them connected, safe and healthy.
The company’s apps, and cell phone handsets, including The 5Star™ and The Jitterbug™ are sold nationwide at leading retailers such as Wal-Mart, Best Buy, Sears, Meijer, Radio Shack Dealer Franchise, Fry’s Electronics and ShopKo,.
Service coverage includes the U.S. and Canada.



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