Lalchandani Simon, a Miami-based technology law firm, facilitated a $275,000 seed funding for Haku Sports, a state-of-the-art platform that facilitates the organization of endurance events. The Miami-based Haku allows race organizers to sign up participants, continuously engage them through social media, and boost registrations through marketing campaigns and tracking tools. The funds from the raise will be used to engage additional developers to add new features that leverage social media and to launch a nationwide marketing campaign. Haku is founded by brothers Carlos and Jose Escobar.
“Haku has tapped into a niche that is desperate for innovation and shows remarkable revenue potential,” explained Kubs Lalchandani, Partner at Lalchandani Simon and counsel to Haku Sports. “Carlos and Jose have the technical experience to build a cutting-edge product and the industry knowledge to give race organizers an invaluable tool – and now they have the financing to get it done.”
“We are excited to move forward with fantastic group of investor partners,” explained Carlos Escobar, CEO and President at Haku. “We are building a technology platform that will revolutionize the way athletic races are organized and we are eager to launch the next phase.”
ABOUT HAKU SPORTS
Haku App Corporation was founded in July 2013 and is headquartered at the Miami Entrepreneurship Center (MEC 261) in Miami, FL. Haku makes it simple to organize, execute, and register for endurance events. Haku also empowers organizers with free, state-of-the-art tools to plan their events, track their progress, and engage their participants. Additional information can be accessed at www.hakusports.com.
ABOUT LALCHANDANI SIMON
Lalchandani Simon PL is a specialized law firm designed to assist both mature and start-up businesses protect their intellectual property, raise capital, expand operations, and engage in any necessary litigation. Lalchandani Simon guides clients through the constantly changing legal environment resulting from advances in technology, social media, electronic information compliance and intellectual property protection. Lalchandani Simon has counseled several Internet-based and traditional “brick & mortar” companies on legal issues affecting online business strategies, asset protection, and electronic information compliance. To learn more about Lalchandani Simon, please visit www.lslawpl.com. To contact the firm, please call (305) 999-5291 or e-mail .
MEDIA CONTACT
Mor Avin
(305) 999-5291
www.lslawpr.com
SOURCE: LS Venture Partners
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