Vancouver’s Cymax Stores raises growth financing round

Seattle’s Cascadia Capital announced today that they advised on a recent growth financing round for Vancouver’s Cymax.

Founded in 2004, Cymax Stores Inc. is one of the largest and fastest growing specialty etailers in North America. Cymax is focused on multiple online product categories including Home & Office Furniture, Baby & Kids, Outdoor, Home Décor, Fitness & Exercise and Travel Products.

The financing was provided by Canopy Capital Partners, a private investment firm specializing in growth capital investments in the technology, Internet and healthcare sectors.

The funds will be used to further consolidate Cymax’s leadership in the online furniture and home goods market and to further grow its existing customer base.