Celtic House, BDC lead $3.3 mln financing of CanvasPop

Canvas printing and photo-gifting services provider CanvasPop has raised $3.3 million in funding. Canadian venture capital firm Celtic House Venture Partners and the Growth and Transition Capital division of BDC Capital led the round. They were joined by angel investors Tobi Lütke and Cody Fauser, as well as entrepreneur Richard L'Abbé. Founded in 2009 by CEO Nazim Ahmed and CIO Adrian Salamunovic, CanvasPop offers online photo printing services that allow users to print virtually any image via the company's Canadian and U.S. facilities. It will use the funds raised to expand into new product categories and continue growth.

1 February 2018•4 mins read
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