Vanedge, BDC lead $1.5 mln seed funding of payments manager Control
Control Mobile Inc, a payment management solutions provider, has secured $1.5 million in seed-stage financing. The round was led by Canadian venture capital firms Vanedge Capital and BDC Capital, and was joined by a number of angel investors. Founded in 2014 by CEO Kathryn Loewen, the Vancouver-based Control has so far helped 20,000 businesses around the world to monitor, measure, and manage online payments. It said the proceeds of the seed round are earmarked for talent acquisition and product development. As a result of the deal's closing, Amy Rae, a principal at Vanedge, will join the company's board of directors.
9 June 2015•3 mins read
