IVP-backed Igloo Software raises $60 mln from Frontier Capital
Kitchener, Ontario digital workplace solutions provider Igloo Software has raised about $60 million (US$47 million) from U.S. growth equity firm Frontier Capital. With the deal, Frontier's Andrew Lindner, Dave Pandullo and Bob Froetscher will join the board. Founded in 2008 by CEO Dan Latendre, Igloo supports enterprises in their move beyond a traditional intranet to a digital destination that creates more productive and engaged workforces. It will use the funds raised to build sales and marketing, expand distribution channels, and accelerate its North American footprint. Igloo is also backed by Canadian venture capital firm Information Venture Partners and others.
9 January 2018•3 mins read
