TIMIA to provide financing to U.S. software firm

TIMIA has agreed to invest US$3 million in an unidentified Connecticut-based software company. The financing includes an initial disbursement of US$1,400,000 and a further US$1,600,000 to be disbursed upon certain milestones being met over the term of the agreement. Based in Vancouver, British Columbia, TIMIA is a specialty finance company.

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