NEW YORK-Scanbuy Inc., which provides a barcode scanning service, announced it garnered new financing and scored a new chief executive officer.
The company completed a $9 million, second round of financing led by Longworth Venture Partners, Masthead Venture Partners and Hudson Venture Partners. Scanbuy said existing investors also participated.
The funding will be used to expand the company’s efforts in the 1D and 2D barcode technology space, and to expand globally, said the company.
Jonathan Bulkeley is the company’s new CEO. He joins Scanbuy from barnsandnoble.com, where he was CEO.
Scanbuy did not say why Bulkeley replaced the company’s previous CEO.
Investors add $9M, new CEO to Scanbuy
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