BEST Funds invests $3 mln in e-commerce innovator GroupBy
BEST Funds, a Canadian venture capital and private equity firm, has made a $3 million investment in GroupBy Inc, a Toronto-based provider of commerce, media and knowledge management software solutions that help businesses better connect with their customers. GroupBy, which was founded in 2013, said the proceeds of the deal will allow it to accelerate sales growth. The company will also focus on expanding innovative efforts targeted to business-to-consumer and business-to-business e-commerce markets. GroupBy has regional offices in the United States, China and Trinidad and Tobago.
20 July 2015•3 mins read
