Nymi closes new financing

Nymi, the creator of the Nymi Band authentication wristband, has closed a new round of financing. The company has yet to announce the closing of the financing.

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On September 24, 2014, Nymi, formerly Bionym, announced the closing of a US $14 million Series A round of funding led by Ignition Partners and Relay Ventures with participation of Export Development Canada (EDC), MasterCard, and Salesforce Ventures.

photo credit: Nymi

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), 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.