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Australia’s OtherLevels raises $3.2m to fund further growth

22nd June 2016 10:59 am GMT

Australian mobile marketing solutions provider OtherLevels has raised AUD$3.2m to finance its continuing expansion and to accelerate sales activities.

OtherLevels has raised $1.6m via a share placement to investors, comprised of 22.9m shares at a price of $0.07.

“The placement is a vote of confidence in OtherLevels from the institutional and sophisticated investor community,” said OtherLevels’ managing director and CEO Brendan O’Kane. “We look forward to using the funds raised to continue to support OtherLevels’ growth and expansion.”

The company has [...]

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