Nulogy secures $7.5 mln in funding in deal led by Red Sky Capital
Nulogy Corp, a supply-chain enterprise software company, has raised $7.5 million in financing. The follow-on round was led by Red Sky Capital Management, a Canadian alternative investment firm affiliated with CI Investments, with participation from U.S. technology lender Silicon Valley Bank and existing investors. Nulogy has been previously backed by Canadian venture capital investors Klass Capital and MaRS Investment Accelerator Fund. Founded in 2002 and based in Toronto, the company plans to use proceeds from the latest investment to fuel growth and innovation in a market that is estimated to reach $10 billion this year.
9 October 2014•3 mins read
