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Calgary startup Symend raises US$43-million, hires hundreds, bringing hopes of tech revival to depressed oil patch


Calgary startup Symend raises US$43-million, hires hundreds, bringing hopes of tech revival to depressed oil patch
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Todd Korol/The Globe and Mail
Symend Inc., a Calgary startup that has become one of Canada’s most rapidly expanding technology enterprises serving big corporations, has raised an additional US$43-million in venture capital, just nine months after securing US$52-million from investors.
The financing was led by Inovia Capital, which also led last May’s round. Other investors include Ignition Partners, Impression Ventures, BDC Capital, Mistral Ventures, Plentyoffish.com founder Markus Frind and Matthew Schiltz, a former chief executive of DocuSign Inc. ....

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