Elastic Path Software Inc., a Vancouver, Canada-based enterprise commerce company for brands to generate revenue through innovative omnichannel experiences, secured CDN$10m in funding.
The round was led by Yaletown Venture Partners and the BDC Venture Capital IT Fund.
The company intends to use the funds to grow revenues and investment in partner channels and continue to innovate its platform.
Led by Harry Chemko, CEO, Elastic Path Software provides brands with enterprise commerce software that integrates with marketing clouds and back-end systems to provide shoppers a highly personalized and unified buying experience – whether they shop online or offline, using desktop or mobile and reached through their email or social networks.
Elastic Path leverages a partner network including Adobe, Amazon Web Services (AWS), MRM//McCANN, PwC, SapientNitro and more, and servres such customers as DeVry, Garmin, Lifeway, LVMH, McGraw-Hill Education, Time Inc., Virgin Media, and Wine.com.br.