Portland startup Snapflow has quietly secured $4.1 million in equity, debt and options, according to federal filings with the Securities and Exchange Commission. The three-year-old company developed a cloud-based platform to help software developers create, test and scale corporate apps quickly. According to the federal documents the company could raise as much as $5 million. It is unclear if the company, led by CEO Samad Wahedi, will raise the full amount.
Source: www.bizjournals.com