Version One Ventures joins $10 mln Series A financing of Kinnek
Kinnek, a New York-based online marketplace for small businesses to find suppliers and manage purchasing, has secured US$10 million in a Series A funding round. The round was led by U.S. venture capital firm Matrix Partners with participation from previous backers, including Canadian firm Version One Ventures, as well as CrunchFund, Sierra Ventures, TriplePoint Ventures and several angel investors. Proceeds of the deal will be used to grow Kinnek's marketing and engineering capabilities and fuel its expansion into new industries. The company was founded in 2012.
15 September 2014•3 mins read
