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$12M for Beyond the Rack

10 07.10

Well done to the Beyond the Rack team who announced that Highland Capital had led a new investment round into the company. Dan Nova, who co-founded Lycos (!) and founded the Internet practice at Highland, will be joining the Board. And following on from some of the valuable support the company has received from Steve Abrams, it is also great to see BDC Venture Capital joining the shareholder registry !

Techcrunch posted about the investment and they were pretty accurate with their numbers. It has been amazing to see the company grow over the past 16 months from the 2 founders and zero members to over 120 staff and 1.5M members – all from Ville St. Laurent !

Readers of this blog wants to join the site please feel free to use this welcome code:

NJSD209537B

Browse the links in this post.

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