Shelvspace Raises $500,000

Software startup Shelvspace announced the close of $500,000 in debt financing from an undisclosed investor.

Shelvspace has created the first true mobile, cloud-based sales platform for consumer packaged goods brands, distributors, and brokers. The company seeks to provide a smarter, faster and cheaper way to promote retail products by putting powerful mobile sales tools, data, dashboards, and store-level execution tools in the hands of sales teams and executives.