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RALEIGH — Silbo Inc., a Raleigh-based adjudicator administration and software acquittal company, has aloft $1.3 actor in debt, according to a Balance and Exchange Commission filing.

Silbo filed the Anatomy D on Oct. 2.  According to the filing, the aggregation charge accession $700,000 added to advertise its absolute alms amount. It did not specify how Silbo intends to use the proceeds.

Silbo specializes in developing a exchange that connects accomplished referees and sports admiral with sports leagues. Referees and sports admiral can use Silbo’s software RefXchange to administer their schedules and resumes. The software additionally allows action leagues to recruit admiral and accomplish online payments.

Silbo

Silbo was founded in 2016 and has broadcast to 10 busline areas, including Richmond, Virginia, and Jacksonville, Florida. It affairs to aggrandize to 24 cities by the end of 2021.

Brendan Szulik is the cofounder and arch controlling administrator of the company. A Duke University graduate, he ahead formed at NetApp and Lucasfilm Animation.

Companies relying on a Reg D absolution do not accept to annals their alms of balance with the SEC, but they charge book what’s accepted as a Anatomy D electronically with the SEC afterwards they aboriginal advertise their securities.

The anatomy can be found here.

This adventure is from the North Carolina Business News Wire, a account of UNC-Chapel Hill’s School of Media and Journalism

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