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BEST Funds Announces $3 Million Investment Into GroupBy Inc.Toronto-based private equity/venture capital firm confirms debt deal with award-winning Ecommerce Technology Company TORONTO, July 20, 2015 /CNW/ - Tier One Capital LP and B.E.S.T. Active 365 Fund LP, collectively known as BEST Funds, has announced a $3 million investment into GroupBy Inc., a leading ecommerce technology innovator located in Toronto, Ontario. The capital will allow GroupBy to accelerate their sales growth and expand research and development efforts in ground-breaking technologies for the B2C and B2B ecommerce market. This is an exciting partnership for BEST Funds, who provides Canada's fastest growing companies with the capital needed to accelerate their growth and become industry leaders. BEST Funds' President John Richardson stated, "GroupBy is poised to become a market leader in the ecommerce space and is the type of company that can do great things with our assistance. We are confident that with our capital, and their unique cloud offering and ecommerce pedigree, GroupBy ill continue to grow at an extraordinary pace." Regarding the partnership, Roland Gossage, Managing Director & CEO of GroupBy Inc. said, "The team here at GroupBy has used their many years of industry experience and technical prowess to create a platform that will change the way our clients interact with their clients online, we aim to create a fundamentally better user experience, by showing the right product, to the right user, at just the right moment. Creating a concrete return on investment and helping to drive our customers bottom lines." About BEST Funds About GroupBy Inc. SOURCE GroupBy Inc. |