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,,, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted was the architect of CVCA infobase, and is the architect of sophisticated and advanced CPE Media Private Capital Dealbase. Ted is President of CPE Media Inc., Canada's independent, trusted and unbiased data provider tracking Canadian VC/PE, private capital industry and public market.