Frontier Capital supplied the funding for Royal Bank of Canada-backed workplace communication and information software provider Igloo Software.
Igloo Software, a Canada-based digital workplace software provider backed by financial services firm Royal Bank of Canada (RBC), received $47m in funding from growth equity firm Frontier Capital yesterday.
Launched as a private company in 2008, Igloo produces cloud-based software that helps employees communicate and collaborate with each other and engage with information and processes in their workplace.
Frontier’s investment will support an expansion in Igloo’s sales and marketing operations and distribution channels as it looks to grow its presence…
