iVEDiX: Obliterates Funding Goals! Smashes Through Product Development!

Yeah, I know the title is a little over the top, but check it out:

iVEDiX, a premier business intelligence and mobile analytics solution provider based in Pittsford, New York, is announcing the completion of a $5 million convertible note offering. Proceeds from the offering will be used to fund accelerated product development, sales and marketing initiatives, and the company’s global expansion campaigns. It will also be used to support additional key hires.

The blog has been all about press releases for the last three weeks, but there is a method to this madness.  iVEDiX is growing fast, whether through partnerships, team expansions, or meeting our funding goals. This means more momentum, faster development, and the opportunity to get miVEDiX into the hands of our partners, clients, and customers quicker and with higher impact.

miVEDiX is an interesting beast.  It for those of us who work with it every day, it has simply become part of the way we do business.  It has changed the way we think about business intelligence, analytics, and mobile access to information.  From the outside, though, we realize we are competing against a crowd of other (and if you ask us, not nearly as capable) platforms and apps that are promising to “revolutionize” this or that.  It is easy for everything to get lost in the shuffle.

But as Marty Glavin, COO and President of iVEDiX, has said on multiple occasions — and as he is quoted in the press release above — the shift to mobile technologies, combined with investor response to miVEDiX, is giving us plenty of validation.  People who see miVEDiX in action are floored by what experience.  And we can’t wait to floor the rest of you.