Deal comes just three months after Foko closed a $3-million funding round aimed at pushing its platform into new verticals and penetrating deeper into U.S. and European markets.
Company provides logistics support to various systems on CF-18s as part of a long-term contract with the Department of National Defence and the Canadian Armed Forces.
The city’s central business district remains virtually empty more than a year into the pandemic, leaving a legion of forgotten retailers searching for answers, writes Ron Corbett
STACS president Jocelyn Tremblay said the new investment will give his bootstrapped firm the financial backing it needs to scale up south of the border.
Launching a new business is a challenge even at the best of times, never mind during a pandemic. A strong digital presence is critical to getting the word out to potential customers.