Waterloo's Tulip Retail inks $2.4 mln funding deal led by SoftTech VC

Tulip Retail, a Waterloo, Ontario-based software company that creates tools to empower retailers with offline, mobile, and online presence, has secured $2.4 million in startup financing. The deal was led by U.S. venture capital firm SoftTech VC with the participation of Canadian firm iNovia Capital, as well as BoxGroup, Founder Collective, KIMA Ventures, Lerer Ventures, Promus Ventures, the founders of Bufferbox and Wordpress, and others. Tulip Retail was founded by Ali Asaria, former founder and CEO of venture-backed Well.ca, an online health, baby and beauty store.

3 October 2013•4 mins read
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