ePACT Network Raises $1 Million Investment Round

Posted by Techvibes NewsDesk

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."

Company:
Yaletown Venture Partners
Website:
http://www.yaletown.com
Location:
Vancouver, British Columbia, Canada

Based in Vancouver, British Columbia, Yaletown Venture Partners is a venture capital firm that invests time and money in seed and early-stage technology and clean-tech companies. Yaletown focuses on Western Canadas vibrant Energy Technology and Information Technology and Clean-tech clusters. Yaletown is backed by some of Canadas largest pension funds and financial institutions, all of which have a long-term... more

Company:
GrowLab Ventures Inc.
Website:
http://www.growlab.ca
Location:
Vancouver, British Columbia, Canada

GrowLab supports the World's best entrepreneurs through seed funding, office space, mentorship & programming in Vancouver & San Francisco. more

Company:
ePACT Network Ltd.
Website:
http://www.epactnetwork.com
Location:
North Vancouver, British Columbia, Canada

ePACT is the emergency network, helping communities better prepare for and respond to any crisis. By leveraging the power of online networking, ePACT brings organizations and individuals together to share critical information, plan collectively and communicate before, during and after any emergency, resulting in greater connectivity and safety for all. 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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