Mobify secures new financing

Mobify Research and Development Inc., a leading provider of mobile customer engagement solution for retailers and brands, has raised ##subscriber ONLY content## million in Class D Preference share financing led by BDC Capital with participation of existing investor, Action Capital Partners.

Mobify’s investors also include BEST Funds, Plaza Ventures. Mobify previously raised $11 million in Series C and debt financing led by Acton. Series C round valued the company at US $50 million.

photo credit: Mobify

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.