Multimedia Plus said Tuesday that it has closed an unspecified amount of private founding with unnamed individual investors. It has also named Ernest Pomerantz to its board of directors. Pomerantz is chairman of StoneWater Capital. Based in New York, Multimedia Plus is a provider of interactive training programs.
NEW YORK–(BUSINESS WIRE)–Multimedia Plus, a New York based technology company and provider of award winning learning and communications for the world’s leading brands, announced today that it successfully closed a round of private financing with sophisticated individual investors.
“This new financing will allow us to accelerate our growth plans,” said David Harouche, president of Multimedia Plus. “We will use these funds to significantly expand our sales efforts to the retail industry as well as to begin exploring expansion to other industries.”
Mr. Harouche also announced that Ernest Pomerantz has joined the company’s board of directors. Ernie Pomerantz is Chairman of StoneWater Capital LLC and has more than 30 years experience in private equity and venture investing. He was a partner at MESA Partners and Warburg Pincus & Co. and Vice President of Kuhn Loeb & Co. Ernie is a director of a number of private companies.
He joins Andrea Weiss, Andrew Gaspar and co-founder Jodi Harouche on the company’s Board.
About Multimedia Plus
Multimedia Plus creates highly interactive training programs for stores around the globe. The Company enables brands to deliver rich-media training experiences and easily track training effectiveness through an integrated e-learning platform, QuizScore.com.
QuizScore provides a seamless experience using the latest mobile technologies in an easy to install format that can be translated into more than 22 languages. It also allows field management to facilitate learning and be held accountable for their team’s results. http://multimediaplus.com