Bridgit nets $2.2 mln in seed round led by Hyde Park Venture Partners
Bridgit, a cloud-based mobile and web communication platform designed for the construction industry, has secured $2.2 million (US$1.7 million) in seed-stage financing. The round was led by U.S. venture capital firm Hyde Park Venture Partners, and was joined by Canadian firm Vanedge Capital. Kitchener, Ont.-based Bridgit, founded in 2012, has so far been used by over 100 contractors and achieved double-digit month-over-month revenue growth, the company reported. It said it will use funds raised to hire new engineers and salespeople and acquire more U.S. customers. Bridgit was previously funded by angel investors.
20 April 2016•4 mins read
