Busbud Inks $1M First-Time Deal with iNovia and Real Ventures

Montréal start-up Busbud Inc., a provider of a web and mobile application for global intercity bus travel information, has secured $1 million in first-time venture capital financing from Canadian firms iNovia Capital and Real Ventures. As part of the deal, David Nault of iNovia and Jean-Sébastien Cournoyer of Real Ventures will join the company's board of directors, while Chris Arsenault of iNovia will join its advisory board. Funding proceeds will allow Busbud to grow its management team and build its business.

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