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Exclusive: Tiempo Development lands $2.2 million in funding for hiring, marketing efforts

2015-05-08 08:45:14| Semiconductors - Topix.net

Tiempo Development LLC, a Tempe-based software services company, has closed on a $2.2 million round of funding to hire new employees and market the company across the U.S. Tiempo received $1 million, with two $600,000 options, in its mezzanine round, which is between Series A and Series B. The new funding is from Dallas-based Cypress Growth Capital LLC, who offers royalty-based growth capital. The round is meant to get the company ready for its Series B funding, said Cliff Schertz , Tiempo CEO and president.

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Category:Electronics and Electrical

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