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DiliTrust announces major funding of US$8 million [Canadian Business Journal (Canada)]

ROYAL BANK of CANADA (RY)  More Company Research Source: Canadian Business Journal
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PDF DiliTrust announces major funding of US$8 million MONTREAL, Nov. 08, 2017 (GLOBE NEWSWIRE) — DiliTrust (formerly EQUITY), a leading software solution provider in corporate governance, today announced a major US$8 million funding from Calcium Capital. Calcium Capital becomes the lead minority shareholder of DiliTrust alongside the current management team, which retains control of the capital. This capital increase highlights DiliTrust’s remarkable growth and transformation in the last few years, including a fourfold increase in revenues since 2012, the broadening of its product range, its transition to SaaS and the development of its international customer base. The rebranding of the company and its products, announced in October 2017, is a key step in this transformation. The funding will enable DiliTrust to accelerate its international development by opening new markets for its products, potentially through strategic acquisitions, to maintain its technological leadersh [Read more]

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