LX Ventures to raise $3 mln to grow recent technology acquisitions
LX Ventures (TSX Venture: LXV), an accelerator that acquires, integrates and supports high-growth technology companies, is undertaking a private placement offering to raise up to $3 million. Funds raised will be used to accelerate the growth of companies recently added to LX Ventures' portfolio. These include Vancouver-based music content network Mobio Technologies Inc, bought in May 2013; Vancouver-based online campaign platform Strutta.com Media Inc, bought in Dec. 2013, and; Las Vegas, Nevada-based cloud manager Copper.io Inc, bought in Jan. 2014. LX Ventures has it headquarters in Vancouver.
27 February 2014•4 mins read
