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Thursday, Apr 25, 2024

Firm Obtains $2 Million for Tech Company

GroundWorkEquity, LLC helped obtain $2 million in funding for Culver City technology company Interneer, Inc. The Camarillo-based planning and access to investment capital firm is also assisting Interneer with a new business strategy. The $2 million comes from entrepreneur and businessman James Collins. Interneer created a technology for companies to use web-based applications with integrated workflow, without programming. Over three months, GroundWorkEquity identified new market opportunities for Interneer’s product, devised a new business and marketing strategy and facilitated funding for the company, said Michael Edell, a founder and managing partner of GroundWorkEquity. “Interneer epitomizes the effectiveness of the GroundWorkEquity model of taking the right mix of people, ideas, and products, adding strategy and business acumen to accelerate the business,” Edell said.

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