TIMIA provides $2 mln financing facility to BasicGov Systems
TIMIA Capital Corp has supplied a $2 million facility to BasicGov Systems Inc, a Vancouver-based government software solutions provider. The three-year investment facility was advanced in full to the company. Led by CEO Mike Togyi, BasicGov offers a cloud-based operations management platform that enables governments of all sizes to modernize licensing, inspection, planning, permitting, code enforcement, fund accounting and payment-billing systems. Vancouver-based TIMIA provides growth financing to technology companies in exchange for a royalty on revenue.
5 March 2019•3 mins read
