BDC Capital leads new funding of mobile commerce platform Mobify

Vancouver mobile customer engagement platform Mobify has closed a follow-on financing. The undisclosed round was led by BDC Capital IT Venture Fund, a new investor, and joined by Acton Capital Partners, which led Mobify's $10 million Series A financing last year. As a result, BDC Capital Partner Andrew Lugsdin has taken a seat on the board. Led since its founding in 2007 by CEO Igor Faletski, Mobify has developed technology that helps retailers and brands to boost revenue by building strong customer relationships. It said the latest round follows the company's best sales year to date. Last April, Mobify bought machine learning platform Pathful.

14 February 2017•4 mins read
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