Coveo raises $35 mln to take intelligent search to the next level

Coveo, a Québec City-based provider of intelligent search apps, has raised $35 million in a Series D financing. The round was led by IQ Venture Capital and was joined by the company's existing investors Tandem Expansion Fund, BDC Capital, Propulsion Ventures and Fonds de solidarité FTQ. Coveo’s chief executive Louis Têtu also invested.

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