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NuLabel Adds $1M

2011-08-19
23 backers were involved in the new funding round, which brings the total raised by the company to approximately $4 million.
PROVIDENCE, RI, NuLabel Technologies Inc., a startup making backless labels for the shipping industry, has raised $1 million of a planned $2.5 million round, according to SEC filings. 23 backers were involved in the new funding round, which brings the total raised by the company to approximately $4 million.

NuLabel Technologies, Inc. is an adhesive and printer hardware technology company developing innovative label platforms to help companies cut cost and reduce waste. NuLabel has developed patent pending liner-free label technology that uses an activateable adhesive to eliminate the need for the liner.

NuLabel was started in June 2009 and is headquartered in Providence, Rhode Island.
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