Boulder-based TechPubs raises new funding ahead of iPhone app launch for United

BOULDER — TechPubs Inc., a Boulder business that helps airlines manage technical documents, recently raised $473,000 in new funding and issued $3.4 million in preferred stock in exchange for indebtedness as the company gets set for the launch of a new iPhone 6 plus app for United Airlines.

The company disclosed the transactions in a pair of filings with the Securities and Exchange Commission.

Founded in 2008, TechPubs provides software to help airlines store, share, distribute and update technical documentation such as flight manuals for pilots, flight attendants and maintenance crews, as well as helping to make sure the documentation complies with regulations of the Federal Aviation Administration and other governing bodies.

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Such documentation used to be distributed as hard copies but more and more in recent years has been moving to electronic distribution. The new app for United will provide such manuals on flight attendants’ phones.

President and chief executive David Williams said in a phone interview Friday that TechPubs works with 20 airlines around the world, including United, Southwest, Air Canada, Jet Blue, Spirit and Virgin America.

The latest funding comes, Williams said, as TechPubs aims for continued expansion.

“We want to continue to grow our sales and marketing activities into other marketplaces,” Williams said, referring to both geographic expansion as well as other highly regulated industries that have significant compliance needs.

Williams declined to disclose revenue of the company. TechPubs has about 40 employees, mostly working remotely throughout the country and in China, with about five full-time at the Boulder headquarters.