LifeRaft secures new financing

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By Ted Liu

Social Navigator Inc, formerly LifeRaft Inc., a social intelligence provider for corporate security, has raised $1.45 million. One unnamed Ontario investor led the round with $1.2 million while Colorado based Public Safety Ventures LLC and one unnamed Nova Scotia investor invested $125,000 each.

Stewart McKelvey provided legal service to Social Navigator.

In connection with the financing, Mike Uberoi, COO/CFO of Maher Terminals, has joined Social Navigator’s board of directors which also includes CEO John Gallinaugh, CMO Darren MacLeod, George Heinrichs (Managing Partner of Public Safety Ventures), and Bob Levy.

Founded in 2014, Halifax based Social Navigator previously raised $2 million from Public Safety Ventures ($1.6 million) and angel investors in 2016.