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TORONTO, October 4, 2018— Behind CrowdRiff's $9 Million USD Series A Funding; A Note from the CEO
Gibraltar Ventures is thrilled to participate in a follow-on funding for CrowdRiff’s Series A raise. Today, CrowdRiff announced $9 million USD in Series A funding led by Leader's Fund with participation from Gibraltar & Company, High Alpha Capital, and BDC Capital IT Venture Fund. This new funding will be used to add more customers around the world and develop new products.
“Visuals are the language of modern-day travelers,” says Dan Holowack, CEO and co-founder of CrowdRiff. “Around the world, it’s visual content that most heavily influences where people choose to travel and how they spend their money while abroad. We’re thrilled to accelerate our innovation and expansion in the travel sector and further enable travel brands and their agencies to effectively use visuals to attract and engage people throughout the travel buyer journey.”
CrowdRiff's CEO, Dan Holowack, took this opportunity to reflect on how the company got here, and what this means for CrowdRiff and its customers: https://crowdriff.com/blog/crowdriff-raises-9-million-series-a.
Powering the World’s Best Travel & Tourism Brands. CrowdRiff is the leading visual and social marketing solution for destination and travel brands. They make it easy for our customers to have the best photos and videos and use them to create compelling experiences, drive intent and conversions across their digital channels, easily and intuitively. CrowdRiff customers include Colorado Tourism, Travel Portland, Destination Canada, Explore British Columbia, Azamara Cruises, Shedd Aquarium, Pebble Beach Resorts and the Royal Ontario Museum. Visit CrowdRiff.com for more information.
About Gibraltar Ventures
Gibraltar’s vision is to proactively contribute to the emergence of the next cohort of great Canadian consumer branded technology companies. Our business purpose is to make early to mid-stage portfolio companies stronger and more competitive by accelerating their speed-to-market. We provide portfolio companies with strategic and business development expertise, access to our network of senior corporate decision-makers, and expansion capital.