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Immertec SEC filing discloses new investment

August 17, 2020 - Immertec, a Tampa medical technology firm, has wrapped up a $12 million funding round that began a year ago. The company, with proprietary, real-time virtual reality software for medical device training and sales, disclosed the investment in a filing with the U.S. Securities and Exchange Commission on Friday under its formal name, Immersive Tech Inc. Immertec raised $6 million last year, Erik Maltais, co-founder and CEO, told the St. Pete Catalyst in October. The follow-on $6 million investment, an extension of that Series A round, was reported initially by Crunchbase. The new funding allows Immertec to expand into more locations and add staff, including a chief operating officer and other director-level team members across the operations team. The team has grown to 23, and Maltais expects to be at nearly 50 by the end of the year, Crunchbase said.

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