On February 28, 2018, Upchain announced that it has raised $7.4 million in its Series A financing round. The round was led by OpenText Enterprise Apps Fund (OTEAF) and BDC Capital.
Upchain will use the funding to expand its solution and support business development into the US and Europe.
Upchain is a Toronto-based company that provides product life-cycle management solutions to a range of stakeholders in the product development chain, as well as post-sales support.
Osler, Hoskin and Harcourt LLP represented Upchain with a team consisting of Chad Bayne, Justin Dharamdial and Jeremy Lin (Corporate), and Steven Dickie and Josh Fineblit (Employment).