Western Technology Investment
Western Technology Investment is a principal investment firm based in Portola Valley, California, founded in 1980. The firm specializes in providing debt and lease financing to technology companies backed by venture capital, focusing on early-stage and mid-stage businesses in North America. With a strong track record, WTI has deployed over $3 billion in debt and equity capital, making investments ranging from $250,000 to $30 million. The firm structures its investments as fully usable, unrestricted growth capital and aims to support companies that are projected to achieve a minimum of $25 million in annual sales within five years. Additionally, WTI often secures warrants in client companies and may provide equity capital alongside its debt financing. The firm's notable investments include established names such as Facebook and Google, underscoring its significant role in the technology sector.
WedPics is a mobile and web-based photo sharing application designed specifically for weddings, allowing guests to contribute their photos to a single album for the bride and groom. Available on both iOS and Android platforms, the app addresses the common challenge faced by couples in collecting memories from their special day. Users can not only upload images but also interact through comments and "likes," fostering engagement among guests. Additionally, WedPics offers five custom filters to enhance the photo experience and encourages the use of traditional digital cameras by allowing users to upload photos via the web. Developed by Deja mi Inc., based in Raleigh, North Carolina, WedPics evolved from the company's earlier app focused on venue discovery to serve a niche market in wedding photography, launching in early 2012. The platform effectively modernizes the wedding photography experience, moving away from disposable cameras and integrating smartphone technology.
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