WorldAPP Secures Mezzanine Financing from Bay Capital Investment Partners

worldappWorldAPP, Inc., a Braintree, MA-based provider of an enterprise data collection and process optimization software solution, secured mezzanine financing from Bay Capital Investment Partners.

The amount of the transaction was not disclosed.

The company intends to use funds to expand product development, client services and marketing initiatives in the U.S., Europe, and other key markets.

Led by Cal Brown, Co-founder and CEO, and Alexander Zagvazdin, Chief Technology Officer, WorldAPP provides, a cloud-based Enterprise Data Collection and Business Process Optimization software solutions to transform the flow of critical information and operating data between people, departments and existing programs.



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