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Perk Dynamics in Shawnee gets $400,000 investment

i2E's Seed Capital Fund leads the investment round in Perk Dynamics Inc.

FROM STAFF REPORTS | Published: April 25, 2012 Comment on this article

Shawnee-based Perk Dynamics has received a $400,000 investment from i2E Inc. through the Oklahoma Seed Capital Fund.

The Oklahoma City nonprofit corporation Tuesday said it led a $1.3 million round of investments, which included Oklahoma's SeedStep Angels and other angel investors.

Perk Dynamics has developed and is selling a Software-as-a-Service product that manages coffee operations for staffed and stand-alone beverage machines such as super-automatic espresso makers.

The company's AutoPerk software controls the entire process from the order to collecting payment, dispensing a perfect barista quality coffee beverage and continuously monitoring the machine's status.

The Oklahoma Seed Capital Fund is a state-appropriated investment fund that provides concept, seed and startup equity investments to the state's high-growth businesses. It is managed by i2E through a collaboration with the Oklahoma Center for the Advancement of Science and Technology.