Wellington Provides $2M in Venture Debt to Salsa Labs
Toronto-based specialty finance firm Wellington Financial LP has provided US$2 million in venture debt financing to Salsa Labs Inc., a developer of an online platform for nonprofit fund-raising, advocacy and outreach. The Washington, D.C.-based Salsa has been backed by U.S. venture capital firm Edison Ventures since 2011. In April, Wellington closed its fourth growth capital and venture debt partnership, Wellington Financial Fund IV, at $200 million.
14 August 2013•3 mins read
