E-Sponder, LLC
E-Sponder, LLC was formed by Robert Wolf who purchased the assets of Convergence Communications. The company provides emergency preparedness and response solutions that maximize efficiency for law enforcement, sheriffs departments, and emergency management agencies.
The Investment:
E-Sponder received an investment for expansion
December 2008 - $300,000
"The investment has provided E-Sponder with crucial capital without having to give away early equity at a significant cost or curtail growth. The investment has allowed us to stabilize our financials during a time of national economic crisis and plan a future equity sale without the added stress of having to make the sale happen in order to manage the growth. In many ways the Business Development Fund (now Regional Growth Capital) saved my company." -- Robert Wolf, president and CEO
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