Procurify raises USD 1.2 million seed round

Tuesday 22 April 2014 08:50 CET | News

Procurify, a Canada-based cloud procurement software firm, has raised USD 1.2 million.

The seed round came from a range of investors, including Silicon Valleys Nexus Venture Partners, BDC, and Dallas Mavericks owner Mark Cuban.

The start-up is set to use the money to develop web and mobile functionalities for its products, grow its team, and extend its customer base, which now reaches 40 countries.

Procurify is used in industry verticals such as technology, manufacturing, service and others.

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Keywords: Procurify, funding, procurement, cloud procurement, Canada
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech