Myplanet secures $2 mln in mezz funding from BDC Capital

Toronto-based software studio Myplanet has raised mezzanine financing of $2 million from the growth and transition capital group of BDC Capital. Founded in 2009 and led by CEO Jason Cottrell, Myplanet's designers and developers help businesses implement software platforms from Acquia, IBM and Salesforce. Its global clients include companies in retail, technology, finance and business services sectors. The funds raised will be used for working capital needs and Myplanet's growth strategy, which includes strengthening strategic partnerships and hiring software developers.

10 January 2019•3 mins read
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