Plaza Ventures tops up PostBeyond's Series A to $4.75 mln

Employee communications software company PostBeyond Inc has raised $750,000 from Canadian venture capital firm Plaza Ventures, bringing the company's previously announced Series A financing to $4.75 million. Plaza joins Information Venture Partners and Export Development Canada in closing the round. PostBeyond, which helps employees to share corporate content on social media, said the proceeds would be used in part to open a new office in Toronto, as well as two new offices overseas. The company was founded three years ago by CEO Ivan Tsarynny and CTO Vitaliy Lim.

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