Forestry.io seeded with $754k, AngelList syndicate among investors
Forestry.io, a Charlottetown, Prince Edward Island website content manager, has raised about $754,000 (US$560,000) in a seed-stage financing. The investors included an AngelList syndicate led by Silicon Valley investor Gil Penchina. Forestry.io said it is the first startup in Canada to close a round with an AngelList syndicate. Founded by CEO Scott Gallant and CTO Jordan Patterson in 2015, Forestry.io has developed a content management system that helps post and update material on static websites. It plans to use the funds raised to hire developers and marketing personnel.
19 April 2017•2 mins read
