GoCanvas Closes out First Complete Round of Funding
Capital to provide further product enhancements and promotional support of mobile solution to replace paper forms and surveys using Smartphones.
Herndon, VA – July 30, 2009 – GoCanvas, which provides a simple way for users to replace costly paper based forms and surveys using the power of everyday mobile devices, announced today it had successfully closed its first full round of financing with capital received from a prominent Angel investor. This new capital will be used to further build out the GoCanvas solution as well as providing a means to start the positioning of GoCanvas to a broader market. The initial investment in this round was completed in March 2009 through a private equity firm.
GoCanvas subscribers use their phones to collect data in a simple form or survey fashion and do so in a manner in which takes full advantage of the unique data collection capabilities that are available on today’s modern handsets. GoCanvas brings powerful Web 2.0 capabilities and wireless technology together to provide an environment where users can define and deploy their own forms and surveys to mobile devices. The GoCanvas subscription based service also allows users to view, analyze and download their results. By providing a generic tool that can be tailored to any need, GoCanvas can be used by a wide variety of organizations and “prosumers” who are looking to save money spent on paperwork.
GoCanvas provides its subscribers a cost effective, rapid, and easy to use environment to turn mobile handsets into a real time clipboard. GoCanvas, a Delaware corporation, is headquartered in Herndon, VA and is led by a team of award winning executives who have managed and deployed many of the largest mobile and wireless deployments in North America and Europe.