Eventbase Technology raises $2 mln in first-time VC, buys LetsLynk

Eventbase Technology Inc, a Canadian mobile event technology platform, has secured $2 million in a Series A financing round. The investor was SXSW Tech, a venture capital fund recently formed by SXSW Inc, a U.S. organizer of conferences, events and festivals. The investment, which is Eventbase's first, will help it further accelerate the pace of product development and global expansion. Concurrent with the deal, the company announced that it has bought U.K.-based LetsLynk, a provider of trade show technology. The acquisition's value was not disclosed. Eventbase is based in Vancouver.

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