FusionPipe Software closes oversubscribed pre-Series A financing

FusionPipe Software Solutions Inc, a provider of advanced authentication and data security solutions, has closed a pre-Series A seed financing. The value of the round, which FusionPipe said was oversubscribed, was not released. The sources of the funding were also not disclosed. The Vancouver-based startup said it will use the round's proceeds to grow its team, increase research, expand partnerships with government and enterprise customers, and accelerate the deployment of its solutions in target markets. Established in 2010, FusionPipe is led by CEO and Chairman David Snell, a former senior executive at QuickMobile Inc.

31 July 2015•2 mins read
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