Eaze, a San Francisco, CA-based cannabis technology company, raised an additional $27m in Series B financing.
The round, which brings total funding to $52m, was led by Bailey Capital with participation from DCM Ventures, Kaya Ventures and FJ Labs. In conjunction with the funding, James Bailey, Managing Partner of Bailey Capital, joined the board of directors.
The company will use the funds for continued expansion throughout California and other states.
Led by Jim Patterson, CEO, Eaze is a cannabis technology platform which connects product brands, dispensaries and doctors to customers on demand through its mobile app or website. For patients in need of a medical marijuana recommendation, EazeMD connects California residents with independent, board-certified doctors to receive an evaluation on demand.
With over 300,000 users in California, the platform is now facilitating over 120,000 deliveries per month.