CoLab Software secures $600k in pre-seed financing
CoLab Software, a St. John’s, Newfoundland and Labrador cloud-based issue and design management platform, has raised $600,000 in a pre-seed financing. Canadian investors, including Pelorus Venture Capital, Killick Capital and Panache Ventures, backed the round. Founded last year by CEO Adam Keating and CTO Jeremy Andrews, CoLab's technology allows engineering teams to view 3D designs, gather feedback, track issues and manage projects more efficiently in a shared cloud environment. The company will use the funds raised to grow its team in advance of the launch of a full-scale enterprise solution, scheduled for Q1 2019.
25 June 2018•2 mins read
