The firm, called DMC Capital Funding, LLC, will offer financing, equity participation, investments, as well as acquisition of companies with between $20 million and $200 million in annual revenue. The firm plans to appear at International CES in Las Vegas next month.
“The current credit crisis, as well as reduced consumer spending, has placed many established technology and consumer product companies in a precarious position. These companies may have superior products and significant potential, but have been locked out of the credit markets, leaving them without the capital needed to foster growth or penetrate the shelf space of major retailers," DMC's CEO, Andrew Lowinger, said as part of the announcement. "DMC Capital Funding can add value to these already successful organizations in the form of funding, marketing experience and management expertise.”
