Allocadia Software Obtains $1M Of Seed Funding

Allocadia Software Inc., a Vancouver, British Columbia-based provider of cloud software for marketing operations, has closed a C$1 million seed-stage financing round. Proceeds from the deal, which involved Canadian venture capital firms Beehive Holdings and iNovia Capital, as well as local entrepreneurs, will be used to accelerate the company's growth. Nanon de Gaspé Beaubien-Mattrick, President and Founder of Beehive, also joined Allocadia’s board. Beehive focuses on women entrepreneurs, offering them coaching, capital and a connected network.

31 January 2013•3 mins read
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