Leak Detection System

Pixel Velocity Incorporated Completes $10,000,000 Capital Raise

ANN ARBOR, Mich., Feb. 17, 2015 /PRNewswire/ — Pixel Velocity Incorporated (“Pixel Velocity” or the “Company”), an image processing and data analytic product company that helps provide safety, security and operational continuity solutions to commercial and government facilities of strategic and financial importance, has raised approximately $10,000,000 through the sale of shares of Series B Preferred Stock in a Regulation D private placement. CEO Matthew Van Haaren commented “We are very pleased to have successfully completed our Series B Preferred financing, which not only brings us the capital needed to pursue our business plan, but has also added valuable new skills and perspectives to our Board of Directors. We are excited about the future of Pixel and the opportunities that this new capital has opened up for us.”
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