VC-backed Slyce picks up desktop visual search company Hovr.it
Calgary-based visual search platform Slyce has purchased Hovr.it, a desktop visual search start-up based in Toronto, and a recent graduate of INcubes Accelerator. The acquisition price was not disclosed. Slyce said the deal will result in the Hovr.it team joining the company, the combination of technologies, and the extension of advanced visual search capabilities across both mobile and desktop. Slyce earlier this year received $3.75 million in seed funding from Canadian venture capital firm Podium Ventures, Alpha North and angel investors. Last month, it also received $2.2 million in convertible debenture financing.
4 December 2013•3 mins read
