Franchise manager ChainSync raises $500k from angel investor

ChainSync has secured $500,000 in funding from an unnamed angel investor. The London, Ontario-based company said it will use the proceeds to hire additional employees. Founded in 2012 by CEO Mike DeLorenzi, ChainSync's technology enables franchise organizations to recruit more franchisees, streamline operations, monitor performance, and turn leads into customers. Earlier in 2014, the company announced that is product users in Canada, the United States, the Caribbean and the Middle East had grown to over 500.

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