Pythian Closes $15M Mezzanine Financing with BDC Capital

Pythian, an Ottawa, Canada-based global technology services company, closed a $15m mezzanine financing with BDC Capital.

The company intends to use the funds to increase its investment in a number of key growth areas including Cloud, Analytics and further geographic expansion into Europe as well as to repurchase shares from some long-term shareholders.

Led by Paul Vallée, CEO, Pythian is a global technology services company that enables businesses to adopt technologies such as advanced analytics, big data, cloud, databases, DevOps and infrastructure management to advance innovation and increase agility.
The company specializes in designing, implementing, and managing systems via highly skilled technical teams who work as an integrated extension of clients’ organizations.



Join the discussion