OMERS Ventures leads $12 mln Series B funding of Klipfolio

Klipfolio, an Ottawa-based provider of dashboard software, has secured $12 million in a Series B financing. The round, which brings the company's total funding so far to $19.4 million, was led by OMERS Ventures. Additional round investors included BDC Capital, Mistral Venture Partners, Fundfire, BOLDstart Ventures, Acadia Woods and Converge Venture Partners. Launched as a cloud dashboard platform in 2011, Klipfolio helps businesses monitor their performance in real-time. It currently serves over 7,000 global customers. Led by President and CEO Allan Wille, Klipfolio will use the funds raised to enhance its product and expand its use.

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