Wellington leads $25 mln financing of on-demand software company

Canadian specialty finance firm Wellington Financial has led a US$25 million venture debt financing of a U.S.-based on-demand software company. The company's identity was not released, however, Wellington indicated that it is backed by a number of Silicon Valley venture capital firms. The Toronto-based firm said it has led approximately US$70 million of growth capital financings to seven U.S. companies in 2014. They include: Operative Media Inc and SOA Software Inc.

29 October 2014•2 mins read
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