Community Sift seeded with $1.6 mln in iNovia Capital-led round

Two Hat Security Ltd, creator of community management software Community Sift, has closed a $1.6 million seed-stage financing. The round was led by Canadian venture capital firm iNovia Capital. U.S. financial services firm Comerica provided an additional $900,000 loan. Community Sift's technology is focused on ending bullying and harassment on the social web. Founded in 2012, the Kelowna, British Columbia-based company currently services communities in over 225 countries. It plans to use the funds raised to recruit employees and advance sales and product development.

28 June 2016•4 mins read
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