Flixel Photos raises $460k in additional growth financing
Flixel Photos Inc, a developer of photography software that combines still photographs and features of video, has secured convertible debenture financing totaling $460,000. The funds were raised by Canadian boutique investment banking firm Cranson Capital from a number of private accredited investors, and will be used to help develop and expand the business. The Toronto-based Flixel has previously raised financing from the Canadian Media Fund and Fierce Capital, the venture capital investment arm of U.S. fashion company The Tyra Banks Co. The company was founded in 2011.
28 May 2014•3 mins read
