Intellinetics, Inc. announced that it has received $0.03 million in funding.
January 28, 2012 at 09:30 am IST
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Intellinetics, Inc. announced that it has raised $10,000 in funding from Robert P. Chretien on January 26, 2012. The convertible promissory note bears an interst rate of 10%. The note is payable of June 1, 2012.
On January 28, 2012, Intellinetics, Inc. closed the transaction. The company raised additional $20,000 from Mike Chretien through issuance of note at the similar terms.
Intellinetics, Inc. is a holding company. The Company is a document services and software solutions company serving both the small-to-medium business and governmental sectors with their digital transformation and process automation initiatives. It operates through two segments: Document Management and Document Conversion. The Document Management segment consists of solutions involving its software platform, allowing customers to capture and manage their documents across operations such as scanned hard-copy documents and digital documents, including those from Microsoft Office 365, digital images, audio, video, and emails. The Document Conversion segment provides assistance to customers as a part of their overall document strategy to convert documents from one medium to another, predominantly paper to digital, including migration to its software solutions, as well as long-term storage and retrieval services. Its flagship software platforms include IntelliCloud, and YellowFolder.
INTELLINETICS, INC. 
