Visual search platform Slyce raises $8.7 mln in additional funding
Slyce Inc (TSX-V: SLC), a venture-backed visual product search platform that went public last year, has raised $8.7 million in a bought deal financing. The offering, which brings the company's total funding to over $36 million, was led by Salman Partners and Beacon Securities, with PI Financial also participating. Slyce said the investment's proceeds will allow it to respond to increasing demand in the market. The company currently serves 4.5 million proprietary users and over 8 million users in total. Based in Toronto, Slyce has completed three acquisitions since 2014. They include its buy in January of SnipSnap App LLC Co, a U.S. mobile couponing company.
14 May 2015•4 mins read
