Wellington Financial invests $10 mln in advertising sales platform
Wellington Financial has provided US$10 million in venture debt financing to a specialist in advertising planning and sales solutions for the media industry. The identity of the venture-backed company was not published. Proceeds of the transaction will support the development and launch of the company's improved delivery platform. Mark McQueen, president and CEO of the Toronto-based Wellington, said American venture-backed technology companies now make up 80 percent of the specialty finance firm's portfolio.
1 December 2014•2 mins read
