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Venture Capital News: MyForce Grabs $2M

          
DENVER, CO, World's first personal security service on smartphones, announced $2 million in financing through Greenline Ventures.
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MyForce--the world's first personal security service on smartphones, a mobile bodyguard of sorts -- announces $2 million in financing through Greenline Ventures, LLC to launch a nationwide marketing campaign and expand the MyForce offering. MyForce combines the convenience of a smartphone application with a live, 24/7 emergency monitoring team, accessible at the touch of a button on iPhone, Android or BlackBerry smartphones.

"MyForce is grateful for the support of Greenline as we begin marketing efforts to raise awareness of how MyForce provides personal protection and freedom from fear," says Charles Groves, COO of MyForce. "We have refined MyForce over the last year and this financing allows us to offer the service on a large scale basis and leverage new distribution channels and market opportunities."

Greenline is a financial services company that specializes in capital market solutions for economic development activities nationwide. With approximately $1 billion of assets currently under management, Greenline provides debt and/or equity capital for projects and operating businesses that are capable of generating strong risk-adjusted returns for its investors, as well as a positive impact on local communities.

"Opportunities to be involved with a company like MyForce don't come around every day," says Patrick Vahey, President of Greenline. "MyForce has huge potential by providing a critical service that resonates with everyone--safety for your loved ones wherever they go."

About MyForce MyForce provides effective personal protection in an emergency by allowing users to connect with a professional response team with one touch sent from any iPhone, Android or BlackBerry smartphone. Knowing help is just a touch of a button away, MyForce gives users confidence and security against threats while providing their families with freedom from worry and peace of mind. MyForce is available across all network carriers with a monthly or annual subscription. MyForce has successfully passed AT&T's Enterprise Software Certification Program confirming that the solution's performance, user interface, data integrity, application security, and data transmission all meet or exceed AT&T usability guidelines. Additional information may be found at www.myforce.com .

About Greenline Ventures, LLC Greenline Ventures, LLC specializes in capital markets solutions for economic development activities nationwide. The firm is headquartered in Denver, Colo. and maintains offices in Washington, D.C. and Baltimore, Md. Additional information may be found at www.greenlineventures.com .
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