Telus Ventures has placed a bet on debt recovery software developer Symend in a round bringing the latter's lifetime funding to $60m.
Canada-based debt recovery software developer Symend completed a $52m round on Thursday featuring Telus Ventures, the corporate venture capital arm of telecommunications firm Telus.
The round was led by venture capital firm Inovia Capital and also included Women in Technology Fund, a vehicle established by BDC Capital, the investment arm of the government-backed Business Development Bank of Canada.
Venture capital fund Mistral Venture Partners, VC firms Ignition Partners and Impression Ventures and angel investor Markus Frind rounded off the deal.
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