Upchain makes series A breakthrough

Mar 1, 2018 • Callum Cyrus

OpenText Enterprise Apps Fund co-led the design collaboration software startup's $5.8m series A round with BDC Capital.

Canada-based product design and development software provider Upchain has completed a C$7.4m ($5.8m) series A round co-led by enterprise software producer OpenText’s Enterprise Apps Fund (OTEAF).

OTEAF co-led the round with BDC Capital, the VC investment arm of the government-backed Business Development Bank of Canada. Upchain, a graduate of software accelerator L-Spark, has not disclosed details of any earlier funding.

Founded in 2015, Upchain has developed software to help designers and engineers collaborate on the creation, production and sale of…

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