Nulogy nets $14 mln in follow-on funding from Tola Capital
Contract packaging software provider Nulogy Corp has secured $14 million in follow-on investment from U.S. venture capital firm Tola Capital. With the round, Tola's Aaron Fleishman has joined the company's board. Toronto-based Nulogy is a developer of enterprise cloud solutions that help clients manage supply-chain challenges more effectively and at a lower cost. It plans to use the funds raised to invest in technology and services. Founded in 2002, Nuology raised $7.5 million in late 2014 in a round led by Red Sky Capital Management. It is also backed by Klass Capital and MaRS Investment Accelerator Fund.
18 July 2016•4 mins read
