Enterprise e-commerce leader Elastic Path raises $10M in growth funding

Vancouver, B.C.– Elastic Path Software Inc., an enterprise commerce company helping the world’s biggest brands generate higher revenue through innovative omnichannel experiences, announced it has secured CDN$10 million funding led by Yaletown Venture Partners and the BDC Venture Capital IT Fund. The funds will be used to grow the company’s Software-as-a-Service revenues, deepen investment in partner channels and continue driving technology innovation for its recently patented commerce platform. To date, the company has helped their customers generate $40 billion in sales using its digital commerce technology.

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Author: Elastic Path