Elastic Path Software Inc., a Vancouver digital commerce company that makes software used by Google (Nasdaq:GOOG) and Virgin Media Inc. (Nasdaq:VMED), has secured $8 million in debt financing from Wellington Financial LP.
"This financing partnership is an important step in the next phase of our growth, allowing us to expand our market presence and accelerate innovation," said Elastic Path CEO Harry Chemko.
"Today's e-commerce is all about generating business value from great digital experiences across multiple touch points. Our digital commerce platform helps enterprises unlock that value and generate revenue."
The company said it will continue to invest in a range of products that help business monetize their digital assets.
