HiBix announces $5.8 million in financing


iBix Corporation, makers of the OOBA™ brand of Sparkling Hibiscus beverages, who recently introduced its Brand New Lower Calorie, Lower Sugar, Lower Cost OOBA in all Six of its Exotic Flavors, has just closed on approximately $5.8M of financing.

HiBix Corporation is pleased to announce that it has just closed on a series of financing rounds which totaled just north of $5.8M. The financing was led by a combination of existing, and new investors. The capital comes at a perfect time as HiBix just launched a brand new OOBA™ line of lightly sweetened sparkling hibiscus beverages that are now only 95 calories per 12.5oz serving, and will retail for as low as $1.79.

OOBA, the world’s first sparkling hibiscus based beverage, is rich in the ancient healing power of hibiscus-a powerhouse of antioxidants. All six flavors, Original, Blackberry, Key Lime, Orange, Kiwi and Pineapple are made with 100% All Natural ingredients (just five of them!). Kiwi is the newest addition to the family.

OOBA is available nationwide, with national distribution growing steadily. More info on OOBA can be found at www.oobabeverage.com.