Nobul Corporation Announces Growth Round of Funding Led by BMO Capital Markets and GMP Securities L.P.
Summary
Investment in real estate tech platform to support development, marketing initiatives and international growth TORONTO, Aug. 8, 2018 /PRNewswire/ - Nobul Corporation ("Nobul" or the "Company"), a Canadian real estate technology platform, today announced it has engaged BMO Capital Markets and GMP Securities L.P. for a growth round of private placement funding. "We have the opportunity to make a real impact on an industry that has been averse to change for the last century," says Nobul Founder and Chief Executive Officer, Regan McGee. The private placement financing, in addition to Nobuls previous oversubscribed seed round, will support the Companys continued marketing activities within key regions across North America. Additional funding will also allow Nobul to increase product development, with a significant focus on user experience, blockchain capabilities and predictive analytics. The forward-looking information contained in this press release is current as of the date hereof and, except as required under applicable law, Nobul does not undertake to update or revise it to reflect new events or circumstances.