GroupBy Inc., a Toronto, Ontario, Canada-based ecommerce technology company, raised $3m in funding.
Tier One Capital LP and B.E.S.T. Active 365 Fund LP, collectively known as BEST Funds, provided the capital.
The company intends to use the funds to accelerate their sales growth and expand research and development efforts in technologies for the B2C and B2B ecommerce market.
Led by Roland Gossage, Managing Director & CEO, GroupBy provides commerce, media, and knowledge management software solutions for companies to connect with their customers by creating a more relevant user experience. Solutions provide features for search, navigation, merchandising, search engine optimization (SEO), and search as you type (SAYT).
The company has offices in Canada, United States, China, and Trinidad & Tobago.