LemonStand nets $1.25 mln in seed funding from BDC, angels

Vancouver-based e-commerce platform LemonStand has secured $1.25 million in seed-stage financing. The backers of the round included BDC Capital IT Venture Fund and angel investors Barry X. Lynn, Paul Rochester and Hank Massey. Founded in 2010 by CEO Danny Halarewich, LemonStand is a provider of customizable, cloud-based technology that supports web developers, agencies and brands in creating online stores. It said it plans to use funds raised to invest in continued product development and to accelerate the company's recruitment of new partners.

3 May 2016•3 mins read
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