Crown Capital loans $10 mln to venture-backed WireIE
Canadian specialty finance firm Crown Capital Partners has provided a $10 million loan to WireIE (Canada) Inc, a Richmond, Ontario-based network operator that specializes in deploying and managing carrier-grade data networks in rural and remote areas. Founded in 2007, WireIE builds, owns and operates data networks for customers in the telecom carrier, oil and gas, utility and government sectors in Canada and around the globe. Rob Barlow, the company's president and CEO, said the proceeds of Crown's 10-year loan will help accelerate growth. WireIE is a portfolio investment of Covington Funds, a Canadian venture capital firm.
24 May 2018•3 mins read
