Upchain secures $7.4M Series A

Upchain Inc. has raised $7.4 million in Series A from OpenText Enterprise App Fund (OTEAF) and BDC Capital. The company made the announcement on February 23, 2018.

Upchain intends to use new funding to fuel product development, drive even better customer experiences, and grow market team (sales, marketing, and customer success & support). Upchain has already expanded Croatian and Toronto teams, and it plans on adding 60+ team members over the next 10 months

Founded in 2015 by John Laslavic, Upchain serves the needs of suppliers who manage product development cycles involving their large customers and supporting suppliers that both design and manufacture across multiple locations.

photo credit: Upchain

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.