Tag: lv holdings
FST21's $5m earmarked for U.S. expansion
September 11, 2013Martha Entwistle
SOUTHBOROUGH, Mass.—The majority of the $5 million cash infusion FST21 received will be spent on marketing and sales in the U.S. market, Shahar Belkin, CTO for FST21, told Security Systems News.“We want to be a big company in the field,” he said. “The next two years is a window of opportunity for us to grow in the U.S. market [before others copy the FST21 technology],” he said.Israel-based seed and early-stage fund LV Holdings led the fundraising round, which included...
