Product platform Hubba closes Goldman Sachs-led Series B round

Toronto-based Hubba, a network designed to help connect brands and retailers, has raised a Series B financing. The amount was not disclosed; however, the Wall Street Journal reported it is close to US$45 million. Goldman Sachs Investment Partners led the round and was joined by existing investors Real Ventures, Kensington Venture Fund and Brightspark Ventures. Founded in 2011 by CEO Ben Zifkin, Hubba reports it has more than 40,000 companies in its network and facilitates thousands of commercial connections on a daily basis. It will use the funds raised to develop new products and features and expand its geographic footprint.

6 December 2016•4 mins read
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