Ecommerce platform Beyond the Rack snags $25 mln

Montreal-based ecommerce platform Beyond the Rack has raised $25 million in funding. Investissement Quebec, Iris Capital and Tandem Expansion Fund led the round with participation from existing investors Highland Capital Partners, Panorama Capital, BDC Venture Capital IT Fund and iNovia Capital. Also, Tandem Expansion's Alex Moorhead will join Beyond the Rack's board of directors.

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