IpCreate Inc. announced that it has received $7.5 million in funding from Juridica Investments Ltd and other investors.
On September 17, 2013, ipCreate Inc. closed the transaction. The company issued 3,750,000 series B preferred shares at $2 per share for gross proceeds of $7,500,000. The transaction included participation from new investor, Juridica Investments Ltd for 1,000,000 shares for gross proceeds of $2,000,000.