BEST Funds invests $1.5 mln in wireless optimization provider XipLink
Canadian venture capital firm BEST Funds has invested $1.5 million in XipLink Inc, a Montréal-based developer of wireless bandwidth optimization products. Proceeds of the investment will be used for sales and marketing initiatives, as well as to support the company's continued technological developments. Founded in 2007 by a team of wireless data communications professionals, XipLink sells its applications and embedded software to clients worldwide. The Toronto-based BEST funds earlier this month invested in enterprise solutions provider PitchPoint Solutions Inc.
26 February 2014•2 mins read
