Daily News: August 6, 2014

Avidbank Expands 4INFO Credit Facilities to $6.5MM


Avidbank Corporate Finance has expanded 4INFO’s credit facilities to $6.5 million. In addition to renewing the line of credit, Avidbank provided an additional growth capital term loan to support the company’s continued revenue growth plans.

4INFO has been at the forefront of mobile innovation since 2004 and is headquartered in San Mateo, CA with offices in New York, Los Angeles, Chicago and Boston. 4INFO is a fast-growing mobile technology company solving the mobile attribution challenge for national brand advertisers to measure the return on investment (ROI) that matters most: sales lift at the cash register.

“As 4INFO continues to grow and demonstrate strong financial performance, we are pleased to provide the Company the growth capital it requires, as well as renew its existing line of credit,” stated Jeffrey Javier, head of Business Development of Avidbank Corporate Finance.

4INFO is a mobile technology company solving the mobile attribution challenge for national brand advertisers to measure the ROI that matters most.