Influitive tops up Series B round to $38 mln, buys Ironark Software
Toronto-based advocate marketing software provider Influitive has raised an additional $8.2 million for its Series B financing, initially closed last July. The extension brings the Series B round to $38 million, and Influitive's total financing since 2010 to about $50 million. The top-up funding was led by Leaders Fund, which was launched in January, and Export Development Canada. Existing investors, including Canada's Georgian Partners, Relay Ventures and BDC Capital IT Venture Fund, also participated. Along with the deal, Influitive announced it has bought Toronto-based Ironark Software. Influitive said the acquisition will lend expertise to the company and support its mobile capabilities.
2 March 2016•3 mins read
