Beedie Capital Partners commits $5 mln to grow Elastic Path Software
Digital commerce specialist Elastic Path Software Inc has attracted $5 million in funding from Canadian growth investor Beedie Capital Partners. The transaction, which combines convertible debt and term facilities, will support the accelerated expansion of the Vancouver-based Elastic Path, which is focused on creating a unified digital experience through the integration of content, commerce and data services. Founded in 2000, the company received a total of $12 million in equity and debt financing in 2013 in separate deals involving Canadian venture capital firm Yaletown Venture Partners and specialty finance firm Wellington Financial.
14 March 2014•3 mins read
