The round was led by new investor Framework Venture Partners, with participation from existing investor the Canadian Business Growth Fund, and $5 million in growth capital from Silicon Valley Bank. Kingston, Ont.-based MaxSold plans to use the funding for hiring as well as its ongoing expansion in the U.S., particularly in Boston, Atlanta and Philadelphia. (The Logic)
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Ottawa’s Mission Control prepares for its moonshot
Huawei losses ease with rise in domestic cloud business
Celsius creditors file motion to block crypto lender from selling mined bitcoin
‘SPAC King’ seeks deadline extension to close deals
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.