CED News

« Sencera Raises $3.6 Million | Main | NC Entrepreneurs Raised $909 Million in 2007 »

Wakefield Group Joins Other Southeastern Funds in FrontStream Payments Deal

Wakefield Group,  Noro-Moseley Partners, SSM Partners and Southpoint capital are coinvesting in $16 million round of financing for FrontStream Payments along with company management who also participated in the investment. FrontStream works with clients to provide turnkey solutions for acceptance of credit and debit cards as well as loyalty, gift and prepaid cards. The company plans to use the funds for acquisitions and expansion.

What Members are Saying

"CED, as one of the largest and oldest entrepreneurial organization of its kind in the US, provides important expertise and valuable networking resources to early-stage high-growth companies." -- Christy Shaffer, President and CEO, Inspire Pharmaceuticals