TIMIA provides $2 mln financing facility to Echosec Systems
TIMIA Capital Corp has supplied a $2 million facility to Echosec Systems Inc, a Victoria, British Columbia-based location intelligence software platform. TIMIA will deploy an initial $1 million, followed by a further $1 million when certain milestones are met. Founded in 2013, Echosec provides a web-based data discovery platform that helps organizations detect online content for threat intelligence. It aggregates and maps data from hundreds of sources ranging from social media to chat forums to the darknet. Vancouver-based TIMIA provides growth financing to technology companies in exchange for a royalty on revenue.
24 April 2019•3 mins read
