Advantage Capital Partners, a venture capital and small business finance firm, has provided USD2m in financing to Computime, a provider of electronic signature fulfillment and support services.
Advantage Capital made the investment in connection with the federal New Markets Tax Credit Program and the Missouri New Markets Development Program.
Computime will use the funds to continue the growth and development of its sales and marketing services in the St. Louis area.
"The Missouri New Markets Development program has enabled our regional businesses to create good job opportunities at a critical time," says Rachelle Rowe, vice president of communications at Advantage Capital Partners.
The financing will allow Computime to create new jobs in the St. Louis area.
Founded in 1980, Computime provides a wide range of services, including high-tech sales and sales consultation, distribution, logistics, asset management, post-sales support and marketing services. It is a source for electronic signature capture products, serving over 7,000 resellers and end users in 90 countries.
