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Elastic Path has topped up its $60 million financing round in February with an additional $30 million from Sageview Capital and existing investors, the Vancouver-born company announced this week. The top-up funding comes as the Team True North member reported a 200% increase in books year-over-year. “Never has there been a more exciting time in […]
Elastic Path
Six BC Companies on Track to Reach Billion-Dollar Revenue Milestone
Communitech this month unveiled the first ever Team True North. The Kitchener-based hub for entrepreneurship created the list to spotlight “the best of Canadian tech”—which by their measure is defined as high-performing tech firms “tracking to $1 billion in annual revenue with growth rates that match the top 1% of companies in the world.” “Why did […]
Elastic Path Secures $60 Million in Growth Funding
Vancouver’s Elastic Path has secured a $60 million growth financing round from funds and accounts managed by BlackRock with participation from existing investors, led by Sageview Capital. Elastic Path powers mission-critical digital commerce for the brands such as Intuit, Pella, Deckers Brands, T-Mobile, and over 250 other leading brands. Elastic Path pioneered the Headless Commerce space in […]
Elastic Path Acquires Fellow Commerce Technology Leader Moltin
Vancouver’s Elastic Path has acquired fellow commerce technology leader Moltin. Moltin’s employees have joined Elastic Path, including engineering, customer support, sales, marketing, and operations. Elastic Path will also maintain Moltin’s U.S. and U.K. offices in Boston and Newcastle. The acquisition comes as global demand grows for extensible, flexible, and scalable enterprise commerce solutions and bolsters […]