PFO Global, Inc. announced that it has received $1.52 million in funding from Hillair Capital Management LLC
July 13, 2016
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On July 14, 2016, PFO Global, Inc. closed the transaction. The company has amended the terms of the transaction. The company has received total gross proceeds of $1,515,000. The transaction included participation from single investor.
PFO Global, Inc. manufactures and delivers complete eyewear, prescription lenses and related services to the managed care insurance industry. It distributes distortion free polycarbonate lenses under the Resolution brand name. The Companyâs products include SmartCalc and SmartEyewear. SmartCalc proprietary software used to manufacture fully digital lens designs. Certain Company lenses are produced following the SmartCalc software calculation. SmartEyewear Online Ordering System a business-to-business online ordering software system which allows eye care providers to quickly provide all necessary information for each patientâs eyewear package and unique use. It integrates the optical provider directly with lab system. The Company utilizes this system for all of its electronic ordering.