Advantage Capital Invests in St. Louis-Based Computime, Inc.
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ST. LOUIS--(BUSINESS WIRE)-- Advantage Capital Partners, a leading venture capital and small business finance firm, today announced that it has provided $2 million in financing to Computime, Inc., a leader in 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," said 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. Computime is a trusted source for electronic signature capture products, serving over 7,000 resellers and end users in 90 countries.
About Advantage Capital Partners
Advantage Capital Partners is a leading venture capital and small business finance firm focused on investing in promising companies in connection with federal, state and local economic development efforts. With offices and partners in St. Louis, New Orleans, Austin and other U.S. cities, Advantage has raised more than $1 billion since 1992 and invested in companies located in geographic areas underserved by traditional venture capital.
Source: Advantage Capital Partners
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