eAutoclaims Raises $1.6 Million In New FinancingEAutoclaims Inc., an Oldsmar, Fla.-based claims service provider, has received approximately $1.6 million in new financing. Of the $1.6 million, $1.35 million was a sale of equity to multiple investors at $0.28 per share, and $250,000 was an 8% convertible debenture from one of the company's directors. Both the equity and convertible debentures include warrant coverage. The company expects to use the additional funding for working capital and to meet certain existing financial obligations.
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