Click Notices Raises $600,000

2/24/17

By Lauren Hong, Maryland Business News Wire

A legal services software company raised $600,000 from nine investors, according to a filing with the Securities and Exchange Commission.

Click Notices Inc. filed the Form D on Feb. 24, with the first sale occurring Jan. 18. The offering was not made in connection with a business combination transaction. It is not expected to last more than one year.

Founded in 2010, Click Notices is a software-as-a-service (SaaS) provider of delinquency management services to the multifamily property management industry.

It serves as a tool for property managers to minimize delinquent rent, lower legal costs and simplify operations. It notifies customers of court rulings and if requested, assists with obtaining warrants, pursuing evictions and coordinating with sheriffs.

The company has offices in Maryland, Silicon Valley, New York City and India. It is backed by venture firms such as McCulloch Capital, Sopris Capital and Westlake Ventures.

William B. Horne, chief executive officer and director of the company, signed the Form D, which can be found here.

Companies relying on a Reg D exemption such as Click Notices do not have to register their offering of securities with the SEC, but they must file what is known as a Form D electronically with the SEC after they first sell their securities.

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