GrowLab alumni ePACT Network announced today completion of a "significant round of financing" as well as a strategic partnership with Byye group to support accelerated spread of emergency preparedness internationally.
Developed to address existing emergency management gaps, ePACT connects families, organizations and communities to share critical information and communicate in any crisis. It is the single emergency record and support network for families, and the preparedness standard for organizations.
Vancouver-based ePACT has received the funding round from the Byye group, Yaletown Ventures, BDC and other investors. Rumored at more than $1 million, funds from this round will be used to expand international sales and marketing efforts, along with key product enhancements.
By leveraging the support and expertise of the Byye group, ePACT will continue driving network adoption and growth across a variety of new markets. Byye group is led by Nancy Knowlton and David Martin, co-founders of Calgary's SMART Technologies, one of the world’s largest education technology companies that had a disastrous IPO a couple years ago.
Knowlton has joined the ePACT Board, and Christine Sommers, ePACT CEO, states, “We are proud to have the support of Byye, as their team and dedication to transformative ideas make them a perfect fit as a partner for ePACT. We are excited about our plans for growth, and how Byye can help us achieve our goals."