An update on Factorli

As of last week, Jen McCabe is no longer CEO of Factorli. As a part of this change she will no longer manage hardware investments for VegasTechFund. Jen’s vision for removing complexity from the hardware development industry was ambitious and we look forward to seeing her achieve great things in the future.

This is a challenging time for the Factorli team, but after an analysis of the company's progress and future capital needs, it has been determined that it would be best to reallocate those resources to other Downtown investments. In consideration of the best interest of the team, the shareholders, and all parties involved, the difficult decision was made to cease operations and development of Factorli as of August 11, 2014.

Vendors and potential customers who have business-related questions can email questions@factorli.com for help.