Inventergy Announces Private Placement of $3.0 Million

Inventergy Announces Private Placement of $3.0 Million

CAMPBELL, CA — (Marketwired) — 07/22/16 — Inventergy Global, Inc., a Silicon Valley intellectual property company, (NASDAQ: INVT) ("Inventergy" or the "Company"), today announced that it has entered into a definitive agreement with institutional investors for the private placement of shares of its Series E convertible preferred stock and warrants to purchase shares of common stock for gross proceeds totaling $3.0 million. Inventergy intends to use $2.5 million of the net