BuildDirect Builds on Earlier Investment with Extra $4M
October 29, 2012
In June of this year, BuildDirect.com, a Canadian supplier of heavyweight building materials, raised $16.6 million in VC funding from OMERS Ventures. The company has now closed the round with an additional $4 million from the Business Development Bank of Canada’s BDC IT Venture Fund. The Vancouver, B.C.-based company will use the funds for growth acceleration, team expansion and product development.