Eventbase Technology nets $6 mln investment from Madrona
Eventbase Technology Inc, a Canadian event app platform, has secured US$6 million in funding. The investment, which came from U.S. venture capital firm Madrona Venture Group, adds to Eventbase's $2 million Series A financing led by SXSW Tech in 2014. As a result of the latest investment, Madrona Managing Director Paul Goodrich will join the company's board of directors. Vancouver-based Eventbase said it will use the new money to develop its mobile technology and build on recent growth trends. In the past year, the business has doubled in size and revenue, primarily as a result of activity in the enterprise event app market, Eventbase reported.
8 December 2015•3 mins read
