Austin e-commerce, media startup raises $1.2 million financing

Dec 8, 2014
Austin Business Journal

Grandex Inc. has reported raising $1.2 million of a planned $2.3 million financing

The Austin-based company collected the capital from 10 investors, according to a Monday filing with the U.S. Securities and Exchange Commission

Grandex, which was founded in 2010, operates several media and e-commerce websites focusing on niche markets. They include, and

CEO Madison Wickham declined to comment on the financing

Wickham was previously a Web designer and front-end developer for Powerhouse Management Inc. and a partner and developer at Cycled Cells LLC, an Austin-based company that bought and re-sold used smartphones. Before that, he was marketing coordinator of Green Builders Inc., according to his online profile

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