Wellington Financial invests $14 mln in growth of Dejero Labs

Canadian specialty finance firm Wellington Financial has provided $14 million in growth funding to Dejero Labs Inc, a Waterloo cloud-based platform that simplifies the transport of live video and real-time data across remote or mobile IP networks. The funds raised will support delivery of the company's solutions to a broad range of customers. Wellington Partner Mark Usher said Dejero’s technology is "indispensable" to news teams and will gain momentum as it expands into live broadcast media and entertainment. Founded in 2008, Dejero has over the past three years appeared on Deloitte’s Technology Fast 50 list. It is also a portfolio investment of BEST Funds.

10 February 2017•3 mins read
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