Viafoura Raises $1 Million to Fuel Expansion Plans

Toronto-based technology startup Viafoura has received a $1 million investment from the China Canada Angels Alliance.

Viafoura is a SaaS company competing in the digital publishing space. With 100% year-over-year growth, this additional capital will further accelerate the company’s international growth plans, the startup says.

“With a unique vision, we set out to solve the challenge of Audience Development for digital content producers wanting to better engage and understand the audiences on their own sites,” explains Viafoura’s CEO, Jesse Moeinifar.

“This investment from CCAA is terrific news to both Angel investors and promising young Canadian companies, as it indicates that our country’s innovation sector continues to flourish and attract international investors,” says Yuri Navarro, NACO Executive Director.

“We want to be part of the transformation and the future of digital publishing,” says Moeinifar.

Viafoura was founded in 2011.