MaRS IAF, Rho Ventures, Salesforce lead seed funding of Aislelabs
Aislelabs Inc, a provider of marketing automation technologies to retailers, has secured seed-stage financing from Canadian venture capital fund MaRS Investment Accelerator Fund, Rho Ventures, Salesforce.com and a number of angel investors. While the company did not announce the funding amount, Betakit reports the total as $1.5 million. Aislelabs plans to use investment proceeds to accelerate sales and marketing efforts for its product brands, Aislelabs Flow and Aislelabs Engage, which assist retailers to increase sales through the power of big data analytics. Founded in 2013, the company has its headquarters in Toronto.
20 March 2014•3 mins read
