minuteKEY Closes on Growth Financing to Fund Further Expansion and Innovation

By | October 1, 2014

minuteKEY Inc., the world’s first self-service kiosk for accurately duplicating keys, today announced that it secured growth financing in the amount of up to $30 million

Source: money.cnn.com

“This new capital infusion gives minuteKEY the ability to continue to aggressively pursue our business plan, and we’re pleased that Main Street shares our enthusiasm and confidence in this business,” said minuteKEY CEO Randy Fagundo. “It’s rewarding to see the acceptance of our service grow among retailers and consumers. Today we have thousands of kiosks on the ground and recently cut our 20 millionth key; we look forward to substantially growing those numbers in the future.”

Author: Web Admin

About the Founding Editor: Craig Allen Keefner is an industry analyst and publisher focused on self‑service kiosks, retail automation, and digital signage. He founded KioskIndustry.org, the Kiosk Manufacturer Association and created The Industry Group (TIG) self‑service technology report. Connect on LinkedIn at https://www.linkedin.com/in/kiosk .