Gigablast to sell a 25% share of the business

Matt Wells and his company Gigablast are in a expansion dead-end. He want to sell a quarter of his business to hardware and personnel investments.
$8.5 million seem a good deal for all the possibilities in that market but with only a quarter of the cie, the investor have not a huge voice over the board.
Hope this will work for Matt and his very good search engine.