Fasetto Inc., the northwest Wisconsin-based company that developed Forum, a software that allows people to share and join business presentations from anywhere if they have a Wi-Fi-enabled mobile device, has kicked off third-quarter venture funding in Wisconsin with one of the largest raises by a state company this year.
The company, which is based in Superior, has closed on $14 million in funding from a single investor, according to a recent filing with the U.S. Securities and Exchange Commission.
The company declined to comment on the investment round.
Founded in 2013, Fasetto also developed Gravity, a software for internet-connected products.
Company leaders in 2018 said Fasetto planned to launch its developer kit for the Gravity operating system in mid- to late-2019, according to Wisconsin Inno, a sister publication of the Milwaukee Business Journal.
Since 2016, the company has raised more than $25 million from private investors, according to SEC filings, making it one of the most heavily-funded startups in Wisconsin. Read the full story here.