Tech Company Financing Transactions

Elastic Path Funding Round

BDC Venture Capital, Yaletown Venture Partners and private investors participated in a $7.6 million capital raise for Elastic Path. The round was announced on 10/29/2015.

Transaction Overview

Company Name
Elastic Path
Announced On
10/29/2015
Transaction Type
Venture Equity
Amount
$7,600,000
Round
Undisclosed
Investors

BDC Venture Capital (Lead Investor) (Andrew Lugsdin)

Yaletown Venture Partners (Lead Investor) (Michael Satterfield)

Proceeds Purpose
The funds will be used to grow the company's Software-as-a-Service revenues, deepen investment in partner channels and continue driving technology innovation for its recently patented commerce platform.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
745 Thurlow St. 1400
Vancouver BC, V6E 0C5
Canada
Phone
(604) 408-8078
Website
www.elasticpath.com
Email Address
[email protected]
Overview
Ecommerce software leader Elastic Path offers digital commerce technology that maximizes revenue and creates great digital experiences for your customers.
Profile
Elastic Path LinkedIn Company Profile
Social Media
Elastic Path Company Twitter Account
Company News
Elastic Path News
Facebook
Elastic Path on Facebook
YouTube
Elastic Path on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Harry Chemko
  Harry Chemko LinkedIn Profile  Harry Chemko Twitter Account  Harry Chemko News  Harry Chemko on Facebook
Chief Financial Officer
Brenton Brown
  Brenton Brown LinkedIn Profile  Brenton Brown Twitter Account  Brenton Brown News  Brenton Brown on Facebook
Chief Technical Officer
Sal Visca
  Sal Visca LinkedIn Profile  Sal Visca Twitter Account  Sal Visca News  Sal Visca on Facebook
VP - Bus. Development
Darin Archer
  Darin Archer LinkedIn Profile  Darin Archer Twitter Account  Darin Archer News  Darin Archer on Facebook
VP - Product Management
John Bruno
  John Bruno LinkedIn Profile  John Bruno Twitter Account  John Bruno News  John Bruno on Facebook
VP - Product Management
Leho Nigul
  Leho Nigul LinkedIn Profile  Leho Nigul Twitter Account  Leho Nigul News  Leho Nigul on Facebook

 

 

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Prev: 10/29/2015: Apptuto venture capital transaction
Next: 10/29/2015: KeepTruckin venture capital transaction

 

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