Industry: Communications Hardware
Transaction #1: $10,000,000 Private Placement
RMG’s Role: Joint Advisor securing financing through RMG’s institutional investor network.
WorldGate Communications, Inc. was founded in 1995. Taking advantage of its creative and technological assets, WorldGate completed the development of Ojo, the world’s first personal full-motion videophone for end users. Ojo blends industry-standard technology with WorldGate’s unique patent-pending enhancements to achieve jitter-free two-way video calls, with synchronized voice audio. Ojo also features WorldGate’s distinctive ergonomic human design, which makes Ojo the first videophone ever that lets people communicate ‘face to face’, instead of ‘chin-up’