Overview

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Acquisitions
1 Acquisition
IPO / Stock
Went Public on Apr 14, 2011 / OTCMKTS:MDBX
Headquarters:
West Hills, California
Description:
Medbox develops prescription vending machines that dispense medication based on biometric identification samples.
Categories:
Health Care
Website:
http://www.thedispensingsolution.com
Social:

Company Details

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Medbox was founded on the principle that all great industries thrive when automated. Our wholly owned subsidiary, Medicine Dispensing Systems AKA Prescription Vending Machines, has grossed $8 million dollars since it began doing business in 2010 and later allowed for an acquisition and the establishment of a public company presence in Medbox, Inc. [MDBX].Our Company has a strong national and international presence with offices in: Los Angeles, New York, Connecticut, Arizona, Toronto, London, & Tokyo. We have been awarded United States & Canadian Patents concerning the software and hardware related to our medicine dispensing systems. Our company’s founder has appeared in interviews with CNN, ABCNews, Reuters, Associated Press, NPR, and has been featured in articles appearing in Newsweek, Los Angeles Times, and the Wall Street Journal, as well as over 30 other news agencies around the world concerning our cutting-edge products and services.

Funding Rounds (4) - $5.23M

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DateAmount / RoundValuationLead InvestorInvestors
Sep, 2015$1.34M / Debt Financing0
Feb, 2015$150k / Venture0
Oct, 2014$2.5M / Debt Financing0
May, 2013$1.24M / Venture0

Acquisitions (1)

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DateAcquiredAmount
Mar 25, 2013Unknown

Current Team (3)

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Board Members and Advisors (3)

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News (7)

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DateNews
Mar 1, 2015SEC - SEC FORM D
Mar 1, 2015SEC - SEC FORM D
Mar 1, 2015SEC - SEC FORM D
Oct 7, 2014Med City News - Biometrics developer for cannabis industry MedBox raises $2.5M
Aug 7, 2014SEC - SEC
May 30, 2013SEC - SEC FORM D
Mar 28, 2013FreshNews - Medbox acquired Vaporfection International

Offices/Locations (1)

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  • Headquarters

    6700 Fallbrook Ave.

    Suite 289

    West Hills, California 91307

    United States

Images (1)

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