Wellington Financial provides $6 mln to Canadian mobile platform

Canadian specialty finance firm Wellington Financial has provided $6 million in venture debt financing to a Canadian mobile software technology enterprise. The company, which Wellington said is backed by venture capital investors, was not identified. Proceeds of the deal are intended to facilitate development and the launch of the company's new product offering. Based in Toronto, Wellington provides term, venture and amortizing loans of up to $30 million.

8 December 2014•2 mins read
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