Yaletown Invests $4M in Vancouver's Elastic Path Software
Vancouver-based Elastic Path Software Inc., a digital commerce company, has secured $4 million in growth equity financing from Canadian venture capital firm Yaletown Venture Partners. With Yaletown's investment, the company has raised a total of $12 million over the past 60 days. In June, Elastic Path received an $8 million debt facility from specialty finance firm Wellington Financial. Investment proceeds will be used to fund business and strategic opportunities in the e-commerce software and API commerce markets.
23 July 2013•3 mins read
