Preccelerator Program Company District2 Receives Equity Investment from Sacandaga Capital Corporation

Congratulations to Preccelerator Program company District2 that has received an equity investment from Sacandaga Capital Corporation, bringing its valuation to $3,000,000 and providing valuable cash and expertise to the promising new start-up.

“District2 will do for fashion what Amazon Web Services has done for infrastructure, lowering fixed costs and making them variable, bringing buyers and suppliers together, and providing a conduit for creative forces to fluorish.  We are excited about this investment opportunity.”, said Jonathan Kalbfeld, Director, Sacandaga Capital and an experienced technologist.

District2 is a Los Angeles based business-to-business company that is building a marketplace for suppliers and designers in the fashion space to lower their fixed costs by negotiating directly with each other.

Sacandaga Capital is a Michigan-based technology investment company focused on early seed-stage startups in the technology space, providing cash as well as services and expertise to help them grow.

For more information about the Preccelerator Program, contact Heidi Hubbeling at hhubbeling@100.26.91.60 or (310)746-9803.