Canadian VCs invest $1.3 mln in LoginRadius
Social login and sharing provider LoginRadius has received $1.3 million in financing. The investors include Accelerate Fund, an angel co-investment fund managed by Canadian venture capital firm AVAC, Yaletown Venture Partners, Real Ventures, BDC Venture Capital, and a number of angel investors. Proceeds of the deal will be used to facilitate the company's growth and product innovation, which is aimed at transforming the way users connect to the web and mobile applications, LoginRadius said. A recent graduate of startup accelerator FounderFuel, the Edmonton, Alberta-based company said it is currently powering social login and sharing on 100,000 websites in 180 countries with a monthly reach of 15 million users.
13 February 2014•5 mins read
