360 Incentives Secures $7.65 Million Round Led By OMERS Ventures

Posted by Techvibes NewsDesk

Whitby's 360 Incentives announced this morning that it has secured a $7.65 million investment led by OMERS Ventures and including Klass Capital and Round 13 Capital.

The investment will support 360’s growth strategy and accelerate its development of leading-edge channel engagement and incentives management technologies.

360 Incentives is modernizing the channel incentive space by providing an automated platform for clients that allows them to manage their channel promotion, incentive and rebate programs efficiently and holistically.

Its sophisticated solution allows customers to dramatically reduce error and fraud, and to track in real-time where every promotion dollar is being spent to measure their return-on-marketing.

360 Incentives was a recent winner of a Deloitte Technology Fast 50™ Companies To Watch award and according to today's press release, in four years 360 has acquired over 75 global manufacturing clients, and has not lost a single customer to date.

"We were attracted by the passion and vision of founder Jason Atkins and his team and their ability to bring a game-changing technology solution to the channel incentives space. They are an innovator and a leader in channel sales incentives and partner engagement,” said Derek Smyth, Managing Director of OMERS Ventures.

Company:
Klass Capital
Website:
http://www.klasscapital.com
Location:
Toronto, Ontario, Canada

We are a Growth Equity firm established to provide expansion stage capital to high growth enterprise software businesses. We are backed by a $50 billion dollar pension plan and a number of institutional investors and high net worth entrepreneurs. We target investing between $2mm and $20mm of equity in growth oriented technology companies that have achieved over $500,000 in sales. We move quickly, have a... more

Company:
OMERS Ventures
Website:
http://www.omersventures.com
Location:
Toronto, Ontario, Canada

We're OMERS Ventures and we are as passionate about your success as you are about your company. We are looking for like-minded partners who have a shared vision of building a vibrant and successful Canadian knowledge economy. OMERS Ventures is the venture capital arm of OMERS, one of Canada's largest pension funds with over $53 billion in net assets. more

Company:
Round13 Capital
Website:
http://www.round13capital.com
Location:
Toronto, Ontario, Canada

Round13 is a relationship-based, actively managed fund focused on investing in next generation information, communication, and entertainment opportunities. Our money and experience is partnered with passionate entrepreneurs, focused on creating products and services that offer significant value to consumers and businesses, and in so doing, generate significant returns through a portfolio approach to investing. more

Company:
360 Incentives
Website:
http://www.360incentives.com
Location:
Whitby, Ontario, Canada

360 Incentives is the leader in on-demand incentives solutions. 360 has developed a user friendly yet highly sophisticated SAAS-based software platform that allows large businesses to manage highly complex incentive programs in real time allowing them to maximize the effectiveness of their programs while minimizing admin efforts and costs to execute. more


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Techvibes NewsDesk

Techvibes NewsDesk

Techvibes is Canada's leading technology media property.Founded in 2002, Techvibes covers technology and business news that impacts Canadians. We combine breaking local news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and publishes general news stories. If you have a story you would like covered, email... more



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