Toronto's BEST Funds has announced a $4.5 million investment into Dejero, a Waterloo-based technology company that produces platforms for the broadcasting sector.
The capital will allow Dejero to extend their sales growth while continuing to develop technologies for the broadcasting industry, according to the company.
"Dejero perfectly exemplifies the type of company that we aim to assist," says BEST Funds' Investment Manager Alan Chettiar. "We are confident that with our capital and their unique and revolutionary LIVE+ product suite, Dejero will continue to grow at an extraordinary pace."
"We have worked hard to create and produce the highest-quality broadcasting equipment, using the latest advancements in 3G and 4G LTE mobile technologies to make electronic newsgathering as immediate and portable as possible," added Brian Cram, CEO of Dejero.
BEST Funds was established in 1996 and is based in Toronto.