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GroupBy Secures Expansion Venture Capital

Wednesday, July 22, 2015 5:45:00 AM PDT | VentureDeal
   Toronto, Canada  --  E-Commerce technology company GroupBy has landed $3 million in expansion venture capital investment.

GroupBy has developed HubSource, which allows publishers to create a better user experience while obtaining more data about e-commerce activities.

It has also developed Searchandiser, which enables merchants to better guide their customers through improved search capabilities.

BEST Funds made the investment.

The company said it would use the funding to accelerate its sales growth and expand its research and development efforts.

Company CEO Roland Gossage has been with the firm since January 2013.

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