CrowdCare nabs $2.25 mln in funding from VC syndicate, FedDev Ontario

CrowdCare Corp has secured $750,000 from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). FedDev Ontario said $1.5 million in funding was also obtained from Canadian venture capital firms Extreme Venture Partners and Mantella Ventures Partners, as well as investors from Extreme Angels. Proceeds of the round will support several CrowdCare goals, including additional upgrades to its Wysdom software platform, which helps mobile carriers solve the technical problems of customers. Last October, Extreme Venture Partners led a $3.5 million investment in the Richmond Hill, Ontario-based company.

17 March 2015•3 mins read
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