NewBold Corporation, a Greenville, SC-based provider of managed technology services to the quick service restaurant, retail, warehousing, and healthcare industries, received an investment from Fort Point Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Keith Howerin, NewBold is a technology managed services provider that supports point-of-sale (“POS”), automatic identification and data capture (“AIDC”), and payment device product lines, with services including on-site service response, depot repair services, technology procurement and deployment, configuration and integration, help-desk support, and payment device encryption and injection services.
Commenting on the news, Keith Howerin said: “This investment comes at an exciting time for NewBold – as field technology proliferates, customers are looking for a partner that can deploy, manage, and support their critical hardware assets across complex real estate footprints. Through continued investments in talent and technical capabilities, we see tremendous opportunity to expand our service suite with existing customers and support new accounts across end markets.”
FinSMEs
13/08/2024