Stratford Managers’ Client Martello Technologies Completes $7.5 Million Private Placement

by: Stratford Managers

Stratford Managers’ client, Martello Technologies, announced that the local cloud communications services firm has raised $7.5 million in private placement round. The financing will help to fuel the company’s aggressive growth strategy including future acquisitions.

According to a Martello spokesperson, the non-brokered placement, consisting of common shares in the Kanata-based firm, was oversubscribed from an initial target of $6 million.

For more information, view the original article in the Ottawa Business Journal and on Martello’s website.

Stratford Managers has worked with Martello Technologies on Business Operations, and Coaching & Advisory projects.

RELATED

Recent appearance on Techopia Live with Martello CEO, John Proctor and Stratford VP, Product Consulting Chad Holliday.

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