HeyOrca raises $2 mln in seed funding from Killick, Pelorus

HeyOrca Inc has raised $2 million in follow-on seed-stage financing, bringing its total funding to $2.65 million. The company's existing Canadian investors, Killick Capital and Pelorus Venture Capital, backed the round. Founded in 2015 by CEO Joseph Teo and CTO Sahand Seifi, HeyOrca develops cloud-based software that helps streamline social media planning workflow for marketing agencies and their clients. It reports growing its customer base by 800 percent in the past year. HeyOrca, which has its headquarters in St. John's, Newfoundland, will use the funds raised to expand its presence in the U.S. market and grow product and sales teams.

CanadaNorth AmericaBriefs